In the previous week, Roanoke’s gas prices decreased by 6.3 cents

Roanoke, Virginia – According to GasBuddy’s study of 155 Roanoke gas stations, the average price of gasoline in the city has decreased by 6.3 cents per gallon over the past week, to $3.13 per gallon as of today. In Roanoke, prices have increased by 22 cents per gallon over the past month and have decreased by 0.4 cents per gallon over the past year. The average price of US diesel is $4.06 per gallon, down 2.6 cents over the past week.

The most costly station in Roanoke was $3.39 per gallon yesterday, while the lowest station was $2.85 per gallon, according to GasBuddy pricing statistics. This represents a 54-cent difference per gallon. Yesterday, there was a $1.20 gap in the state’s lowest and highest prices per gallon—$2.79 and $3.99, respectively.

Today’s nationwide average price of gasoline is $3.24 per gallon, down 1.9 cents from the previous week. Data from over 11 million weekly price reports spanning over 150,000 gas stations nationwide was collated by GasBuddy, showing that the national average is 9.2 cents lower than a year ago and up 13.3 cents from a month ago.

Roanoke’s past gas prices as well as the country’s average during the previous ten years:

February 26, 2023: $3.13 per gallon (U.S. Average: $3.33 per gallon)
February 26, 2022: $3.37 per gallon (U.S. Average: $3.59 per gallon)
February 26, 2021: $2.53 per gallon (U.S. Average: $2.71 per gallon)
February 26, 2020: $2.23 per gallon (U.S. Average: $2.45 per gallon)
February 26, 2019: $2.12 per gallon (U.S. Average: $2.41 per gallon)
February 26, 2018: $2.35 per gallon (U.S. Average: $2.51 per gallon)
February 26, 2017: $2.14 per gallon (U.S. Average: $2.28 per gallon)
February 26, 2016: $1.54 per gallon (U.S. Average: $1.73 per gallon)
February 26, 2015: $2.10 per gallon (U.S. Average: $2.34 per gallon)
February 26, 2014: $3.20 per gallon (U.S. Average: $3.43 per gallon)

The current gas costs in Greensboro, one of the neighboring areas, are $3.10 per gallon, which is 9.2 cents less than last week’s $3.20 per gallon.

Winston-Salem: $3.10 per gallon, which is 6.9 cents less than $3.17 per gallon from the previous week.

Virginia: $3.19 per gallon, which is 4.2 cents less than $3.23 per gallon from the previous week.

“Motorists have finally seen a bit of a break in the recent rise in the national average, with more states seeing drops than increases in the last week. While the pause has certainly been nice, this is more like a rain delay than it is a 7th inning strech,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It’s likely only a matter of time before we see the rise re-engage and prices start to head higher, but we’ll take any break that we can. Oil prices have shown some signs of struggling last week after coming within arms reach of $80 per barrel before falling closer to $76, but all eyes are on refiners as utilization remained seasonally weak, around 80% of capacity, meaning there’s less gasoline and diesel being produced. That’s why it’s just a matter of time before prices collide with rising demand and start to accelerate again.”