Gas prices up 50 cents from last year, expected to be highest since 2014 for Memorial Day
LYNCHBURG, Va. (WSET) - GasBuddy said gas in Virginia has risen 4.8 cents per gallon in the past week, averaging $2.67 on Sunday, according to its survey of 4,081 gas outlets statewide.
The national average has increased to 5.7 cents per gallon in the last week to $2.86 a gallon.
Including the change in gas prices in Virginia during the past week, GasBuddy said prices over the weekend were 52 cents per gallon higher than the same day one year ago and 14.3 cents per gallon higher than a month ago.
The national average increased 15.4 cents in the last month and 53.8 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on May 14 in Virginia have ranged widely over the last five years:
$2.15 in 2017, $2.06 in 2016, $2.45 in 2015, $3.46 in 2014 and $3.37 in 2013.
Areas near Virginia and their current gas price climate:
- Roanoke - $2.58/g, up 1.2 cents per gallon from last week's $2.57/g.
- Richmond - $2.68/g, up 4.8 cents per gallon from last week's $2.63/g.
- West Virginia- $2.80/g, up 7.9 cents per gallon from last week's $2.72/g.
AAA Mid-Atlantic said more than 41.5 million Americans will travel 50 miles over Memorial Day weekend, the highest since 2005.
They expect we'll see the most expensive gas prices since 2014.
For LIVE fuel price averages, you can go online here.