Home Gas prices down this week, but analysts watching the tropics for weather impacts
Economy

Gas prices down this week, but analysts watching the tropics for weather impacts

Chris Graham
gas prices
(© fred goldstein – stock.adobe.com)

Gas prices have dropped four cents a gallon over the past week, averaging $3.78 a gallon nationally on Monday morning, according to the tracking website GasBuddy.

“The drop may be short-lived, as one of the nation’s largest refineries partially shut last week after a fire at a storage tank, and as we see more tropical activity that could lead to further disruption,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

On that tropical activity thing: there’s Idalia, which is in Florida now, and is on a track that will take it up the East Coast to the Outer Banks later this week.

“While GasBuddy is closely monitoring Florida for challenges related to Idalia and is prepared to activate the fuel availability tracker, the rest of the nation could see gas price declines reversing pending the outcome of refinery issues that continue to put upward pressure on wholesale gasoline prices,” De Haan said.

The per-gallon average in Virginia is down 4.9 cents per gallon in the last week, averaging $3.61/gallon today, according to GasBuddy’s survey of 4,081 stations in Virginia.

The national average price of diesel has risen 3.3 cents in the last week and stands at $4.33 per gallon.

Chris Graham

Chris Graham

Chris Graham, the king of "fringe media," a zero-time Virginia Sportswriter of the Year, and a member of zero Halls of Fame, 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, or subscribe to his Street Knowledge podcast. Email Chris at [email protected].

Latest News

Sports

5 Best Preakness Stakes 2025 Betting Apps In North Carolina

aew chicago main event
Wrestling

AEW heads to the beach, sorta, kinda: Review of the ‘Beach Break’ Dynamite

The road to “Double or Nothing” continued last night, when AEW returned to its home-away-from-home in Chicago at the NOW Arena, for the special “Beach Break” edition of Wednesday Night “Dynamite.” 

Augusta County Sheriff's Office
Local

Augusta County: Family of man who died in police custody wants answers

The family of a Staunton man who died in the back of an Augusta County Sheriff’s Office patrol car on May 5 is trying to get answers.

interstate 81
Government, Virginia

Strasburg: Concrete barrier installation on I-81 for work in median starts Sunday

How To Bet On Preakness Stakes 2025 In Arizona
Sports

How To Bet On Preakness Stakes 2025 In Arizona

How To Bet On Preakness Stakes 2025 In Michigan
Sports

How To Bet On Preakness Stakes 2025 In Michigan

How To Bet On Preakness Stakes 2025 In Alabama
Sports

How To Bet On Preakness Stakes 2025 In Alabama