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Gas prices down nationally 3.1 cents per gallon over the past week

Chris Graham
gas prices
(© Daniel Thornberg – stock.adobe.com)

Gas prices are down 3.1 cents a gallon nationally over the past week, averaging $3.80 a gallon – with the price at $3.55 a gallon on average in Virginia, according to the tracking site GasBuddy.

The national average price of diesel has risen 9.9 cents in the last week and stands at $4.53 per gallon.

“It’s been a mostly quiet week for the national average price of gasoline, with most states seeing gas prices cool off. But, new and continued refinery issues in some regions have had an oversized effect on gas prices in some states, especially in Southern California, Arizona and Nevada,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“While most states are likely to continue seeing gasoline prices fall in the week ahead, any new refinery issues as others begin maintenance could be problematic. For diesel prices, however, the opposite is playing out, with prices that continue to rise as demand for diesel strengthens. Overall, the largest issues impacting gas prices remain refinery disruptions, but also the price of oil, which has held around $90 per barrel as Saudi Arabia and Russia maintain significant production cuts,” De Haan said.

 

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Chris Graham

Chris Graham

Chris Graham is the founder and editor of Augusta Free Press. A 1994 alum of the University of Virginia, Chris is the author and co-author of seven books, including Poverty of Imagination, a memoir published in 2019. For his commentaries on news, sports and politics, go to his YouTube page, TikTok, BlueSky, or subscribe to his Street Knowledge podcast. Email Chris at [email protected]. Support AFP by signing up for our newsletter and/or powering our work with a one-time or monthly contribution.

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