The Shadow
RICHMOND, Va. (VR) – With Spring Break in full swing, drivers are paying more at the pump compared to last week, but less than what they paid at this time last year. The national average for a gallon of gas went up 3 cents since last Thursday to $3.15. Gas prices typically start going up this time of year and peak during summer. But the national average is still about 40 cents lower than last year, due to tepid gasoline demand and weak crude oil prices. In Virginia, drivers are paying, on average, $2.96 per gallon for regular unleaded. That’s three cents more than last week, a penny less than last month, and 49 cents less than this day in 2024.
“Spring Break travelers will find stations in many areas with prices at or below $3/gallon,” says Morgan Dean, Public and Government affairs manager for AAA Mid-Atlantic in Virginia. “Even though prices have been on the rise, 20 states still have gas price averages below $3/gallon today, with Mississippi being the least expensive at $2.67.”
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 8.81 b/d last week to 8.64. Total domestic gasoline supply decreased from 240.6 million barrels to 239.1. Gasoline production decreased last week, averaging 9.2 million barrels per day.
Today’s national average for a gallon of gas is $3.15, 3 cents higher than a month ago and 38 cents lower than a year ago.
