Home Gas prices dropping below $2.50 per gallon for us locally: Trend going forward
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Gas prices dropping below $2.50 per gallon for us locally: Trend going forward

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Photo: © MargJohnsonVA/stock.adobe.com

GasBuddy has the average gas price in Virginia at $2.69 per gallon on Monday, but the gas station down the street from me in Waynesboro is at $2.49 per gallon, and the GasBuddy local map has three stations in the Fishersville area at $2.36 a gallon.

Still not a buck-ninety-nine a gallon like Donald Trump has been claiming people have been paying for the past year, but still.

The average in Virginia is down 10.3 cents per gallon over the past month, and 25.3 cents per gallon since the second week of January a year ago, per GasBuddy, which pegs the average nationwide at $2.73 per gallon.

The national average price of diesel has decreased 2.3 cents compared to a week ago and stands at $3.47 per gallon.

The trend going forward, according to Patrick De Haan, the head of petroleum analysis at GasBuddy, is for “limited upward movement,” with oil prices expected to be “inching higher” in the coming weeks.

Reiterating here, vis-à-vis Venezuela: certainly don’t expect the U.S. military action there to impact what you pay at the gas pump.

“While the situation in Venezuela has dominated headlines, it’s far too early for any measurable impact on what consumers are paying at the pump— whether prices go up or down— as it would likely take years to see a meaningful increase in oil output there,” 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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