Virginia saw a drop in gas prices this week of 9-cents per gallon on average.
Last week a gallon of regular gas was $4.00; this week it’s $3.91. Virginia consumers can expect to pay $54.74 to fill up the average 14-gallon tank.
Some of the lowest prices in the state remain in the Staunton-Waynesboro area at $3.66 per gallon. The highest prices can be found in Fairfax County at $4.12 on average.
Nationally, gas prices are falling at a steady rate. At $4.10 per gallon on average, Americans are saving 12 cents per gallon over last week’s prices of $4.22. The West Coast is seeing some of the highest prices, and the South is experiencing some of the lowest, in the nation.
Diesel prices are easing, but only marginally. Costing an average of $6.19 per gallon, diesel is down 5 cents from last week. Gov. Abigail Spanberger’s Directive 5 allowing dyed diesel is still in effect and will be until December 31, 2026.
Brent crude oil prices have seen significant change this week. In a single 22-hour trading period the price of a barrel of oil fell 8 percent to a close two-month low according to Trading Economics. However, it has since creeped back up.
A barrel of Brent crude oil is running $96 at the time of writing. That’s a significant decline from last week’s $113 per barrel.
Investors are still wary that peace will come in the Iran war after Tuesday’s Midterm elections, but have new found hope.
Democrats’ Blue Wave could mean change is coming related to the strife in the Middle East. Before ballots were counted, President Donald Trump noted he had no immediate plans for more military strikes; however, worry remains despite recovery of exports in the Gulf.

