RICHMOND, Va. — Richmond-area gas prices have dropped more than seven cents in the last week, according to GasBuddy’s survey of 567 stations in Richmond.
The average price of $3.15 per gallon is down 24 cents in the last month and 33 cents lower than last year at this time.
Meanwhile, the national average price of diesel fuel is down 4.5 cents to $3.62 per gallon.
It’s the sixth straight week gas prices have fallen, head of petroleum analysis at GasBuddy Patrick De Haan said.
Watch this November 1994 report on rising Richmond gas prices
Video Vault 1994 November 19: Gas prices rise in Richmond
“We fully expect gas prices will continue to drop as Americans drive less with the onset of fall,” he said. “With oil prices falling below $70 per barrel, their lowest since 2021, there’s solid room for gas prices and diesel to continue falling for some time. We expect the national average could fall below $3 per gallon as early as October for the first time since 2021.”
GasBuddy reported the lowest price for gas in Richmond on Sunday was $2.90 per gallon, while the highest price was $3.69 per gallon.