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Home Local

Fuel prices trend downward

February 8, 2023
in Local
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Average gasoline prices in Virginia have fallen 7.5 cents per gallon in the last week, averaging $3.33/g today, according to GasBuddy’s survey of 4,081 stations in Virginia. Prices in Virginia are 15.5 cents per gallon higher than a month ago and stand 6.0 cents per gallon higher than a year ago. The national average price of diesel has fallen 5.2 cents in the last week and stands at $4.60 per gallon.

According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.95/g on Sunday while the most expensive was $4.29/g, a difference of $1.34/g. The lowest price in the state Sunday was $2.95/g while the highest was $4.29/g, a difference of $1.34/g.

Prices for regular gasoline in Patrick County also were trending down on Groundhog Day, Feb. 2. 

A $3.39 price point was common on the last day of January, as posted at the Exxon stations in Dry Pond and Stuart, as well as Liberty and Marathon stations on U.S. 58.

A day later, Lee’s Kar-Go on Virginia 103 in Claudville, as well as the Citgo on Virginia 104 in Ararat, were at $3.259. Ararat’s Pure station, at the intersection of Virginia 104 and Stateline Road, was at $3.239.

By Feb. 2, most prices were down to $3.299: the Exxon stations at Dry Pond, on East Blue Ridge Street in Stuart, and on U.S. 58 at Abram Penn Highway. So too, at the Marathon station on Virginia 8 south of Stuart, and the Citgo at W&W Produce on U.S. 58.

At least three stations dipped even lower. The Liberty station on U.S. 58 near Westview Drive posted $3.279. The Marathon station at Roberts Market on Fairystone Park Highway (Virginia 57) posted $3.249. And Howells Grocery at 139 Woolwine Highway (the Virginia 8 & U.S. 58 intersection) was at $3.199.

Jan. 31:

Dry Pond Exxon $3.399

Clark’s Exxon, Stuart $3.399

Liberty, U.S. 58, Patrick Springs $3.399

Marathon, Route 58, $3.399

Feb. 1:

Citgo, Ararat, Virginia 104 near Raven Rock Road $3.259

Pure, at the intersection of Virginia 104 (Ararat Highway) & Stateline Road $3.239

Lee’s Kar-go, Virginia 103 (aka Claudville Highway) $3.259

As posted on Gas Buddy, Exxon On Commerce Street, Stuart, $3.379; Liberty, U.S. 58, Patrick Springs, $3.379; Exxon/Circle K, U.S. 58, $3.399; Marathon U.S. 58, Stuart, $3.399; Exxon/Circle K, East Blue Ridge Street, Stuart $3.399.

Feb. 2:

Dry Pond Exxon, Route 103, $3.299

Marathon, Virginia 8/Salem Highway, south of Stuart, $3.29

Exxon, East Blue Ridge Street, Stuart, $3.299

Liberty, U.S. 58 near Westview Drive, $3.279

Exxon Circle K, U.S. 58 at Abram Penn Highway, $3.299

Marathon Roberts Market, Fairystone Park Highway (Virginia 57), $3.249

Howells Grocery, 139 Woolwine Highway (Virginia 8 & U.S. 58 intersection), $3.199

Citgo/W&W Produce, U.S. 58, $3.299

The national average price of gasoline has fallen 4.4 cents per gallon in the last week, averaging $3.44/g today. The national average is up 17.5 cents per gallon from a month ago and stands 1.7 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Neighboring areas and their current gas prices:

Roanoke- $3.29/g, down 6.9 cents per gallon from last week’s $3.36/g.

Richmond- $3.29/g, down 11.1 cents per gallon from last week’s $3.40/g.

West Virginia- $3.38/g, down 3.8 cents per gallon from last week’s $3.42/g.

“For the first time in 2023, the national average price of gasoline has seen a weekly decline, primarily thanks to a sharp and sudden drop in the price of oil,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the decline in both gasoline and diesel prices is terrific, it’s not unusual to see prices falling in February, which tends to be the month with some of the lowest gasoline prices of the year thanks to seasonally weak demand. For diesel, we’re likely to see more declines, and potentially much more significant in the weeks ahead as imports of distillate have accelerated, leading to a sell off. And, with warmer weather ahead, demand may struggle as well. However, especially for gasoline, high levels of coming maintenance and the eventual transition to summer gasoline could lead today’s declines to reverse down the road. For now, motorists should enjoy the decline, but be wary as we’re likely to eventually see increases again down the road.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up to date in the country. GasBuddy data is accessible at http://prices.GasBuddy.com.

 

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