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Fuel prices decreased last week

Enterprise by Enterprise
April 14, 2021
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Virginia gas prices have fallen 0.4 cents per gallon in the past week, averaging $2.72/g on Monday, according to GasBuddy’s daily survey of 4,081 stations in Virginia. Gas prices in Virginia are 2.3 cents per gallon lower than a month ago and stand 93.8 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Virginia is priced at $2.31/g while the most expensive is $3.49/g, a difference of $1.18/g. The lowest price in the state on Monday was $2.31/g while the highest was $3.49/g, a difference of $1.18/g.

The national average price of gasoline has fallen 2.1 cents per gallon in the last week, averaging $2.85/g today. The national average is down 0.5 cents per gallon from a month ago and stands $1.02/g higher than a year ago.

Neighboring areas and their current gas prices:

Roanoke- $2.62/g, down 1.7 cents per gallon from last week’s $2.64/g.

Richmond- $2.70/g, down 0.6 cents per gallon from last week’s $2.71/g.

West Virginia- $2.70/g, down 3.3 cents per gallon from last week’s $2.74/g.

“It has been a fairly tame last few weeks at the pump for most areas after a particularly active February and March when prices were screaming higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “After surging back then, we’ve seen the price increases fade, and while we haven’t seen much of a decline, prices have been holding near their yearly highs. For now, it feels like the risk of seeing the national average climb to $3/gal has been delayed by a recent surge in COVID-19 cases both here and abroad, limiting the upside to gasoline demand, but should things begin to improve, especially as we get closer to the start of the summer, we still have potential to see summer gas prices at their highest levels in years. Make no mistake, gas prices this year will be tied to the hip of the Covid situation.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades.

 

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