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Roanoke’s fuel prices are still rising

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Roanoke, Virginia – According to GasBuddy’s study of 155 Roanoke gas stations, the average price of gasoline in the city has increased by 7.3 cents per gallon over the past week, to $3.20 on Monday.

According to GasBuddy, prices in Roanoke are 19.4 cents more per gallon than they were a month ago and 9.2 cents more than they were a year ago.

The average price of diesel throughout the US is now $4.03 a gallon, down 2.7 cents over the past week.

GasBuddy price data show that on Sunday, the least cost station in Roanoke was $2.89/g, while the most expensive station was $3.89/g. There was a $1.36/g difference in Sunday’s prices, with the lowest being $2.63/g and the highest being $3.99/g.

The average nationwide price of gasoline is currently $3.34/g, up 10 cents over the previous week. The national average, which is 3.2 cents less a gallon than a year ago, but up 22.0 cents from a month ago, according to GasBuddy data that was compiled from over 11 million weekly price reports covering over 150,000 gas stations nationwide.

“A majority of the nation’s 50 states have seen gasoline prices rise, with the national average posting a gain for the second straight week, a trend that is hardly surprising for this time of year, and will likely continue as the entire nation has now made the first step toward summer gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The pinch at the pump has been manageable for now, with prices about 30 cents higher than mid-January, but that will likely change as we enter the madness we tend to see in March with refinery maintenance hitting its peak, impacting how much gasoline can be produced as we make the changeover to the summer blends. This always crimps supply, leading to further gas price increases.”

Historical gasoline prices in Roanoke and the national average going back ten years:

March 4, 2023: $3.11/g (U.S. Average: $3.37/g)
March 4, 2022: $3.75/g (U.S. Average: $3.92/g)
March 4, 2021: $2.55/g (U.S. Average: $2.75/g)
March 4, 2020: $2.21/g (U.S. Average: $2.41/g)
March 4, 2019: $2.20/g (U.S. Average: $2.43/g)
March 4, 2018: $2.35/g (U.S. Average: $2.52/g)
March 4, 2017: $2.15/g (U.S. Average: $2.31/g)
March 4, 2016: $1.60/g (U.S. Average: $1.81/g)
March 4, 2015: $2.19/g (U.S. Average: $2.45/g)
March 4, 2014: $3.21/g (U.S. Average: $3.46/g)

Neighboring areas and their current gas prices:

Greensboro- $3.16/g, up 5.9 cents per gallon from last week’s $3.10/g.
Winston-Salem- $3.13/g, up 3.0 cents per gallon from last week’s $3.10/g.
Virginia- $3.21/g, up 1.4 cents per gallon from last week’s $3.19/g.

 

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