Local News
The recent week saw a significant increase in Roanoke gas prices
Roanoke, Virginia – Based on 155 stations surveyed by GasBuddy, the average gas price in Roanoke increased by 15.2 cents per gallon over the previous week, reaching $3.32 on Monday. In Roanoke, prices have increased by 17.7 cents per gallon over the past year and by 13.1 cents per gallon over the past month. At $4.00 a gallon, the national average price of diesel has decreased by 2.2 cents over the past week.
The most costly station in Roanoke was $3.39/g on Sunday, according to GasBuddy pricing data, while the cheapest station cost $3.10/g, a 29.0 cent difference per gallon. On Sunday, the state’s lowest price was $2.85/g, while the highest price was $4.49/g, representing a $1.64/g difference.
Today’s nationwide average price of gasoline is $3.44/g, up 4.4 cents over the previous week. The national average, which is 1.6 cents higher than a year ago, is up 18.7 cents from a month ago, according to GasBuddy data that was culled from over 11 million weekly price reports spanning over 150,000 gas stations nationwide.
“Most Americans continued to see average gasoline prices march higher last week. The reason is the season: gasoline demand is rising as more Americans are getting out, combined with the summer gasoline switchover, which is well underway, and continued refinery maintenance,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The madness should slow down in the next few weeks as we’ve seen positive data that refinery output is starting to increase, a sign that the peak of maintenance season could be behind us. In some positive news for Midwest motorists, the bp refinery in Whiting, Indiana that can process 440,000 barrels of oil per day is finally back to normal operations for the first time since an electrical failure happened in early February. For now, gas prices will likely continue to trend higher, but the fever may break soon. When it comes to diesel, the news has been good – above average temperatures have lowered heating oil demand and average diesel prices are on the cusp of falling back below $4 per gallon.”
Historical gasoline prices in Roanoke and the national average going back ten years:
March 18, 2023: $3.14/g (U.S. Average: $3.43/g)
March 18, 2022: $4.11/g (U.S. Average: $4.27/g)
March 18, 2021: $2.71/g (U.S. Average: $2.87/g)
March 18, 2020: $1.95/g (U.S. Average: $2.16/g)
March 18, 2019: $2.31/g (U.S. Average: $2.56/g)
March 18, 2018: $2.35/g (U.S. Average: $2.54/g)
March 18, 2017: $2.13/g (U.S. Average: $2.29/g)
March 18, 2016: $1.79/g (U.S. Average: $1.98/g)
March 18, 2015: $2.20/g (U.S. Average: $2.42/g)
March 18, 2014: $3.24/g (U.S. Average: $3.52/g)
Neighboring areas and their current gas prices:
Greensboro- $3.32/g, up 12.0 cents per gallon from last week’s $3.20/g.
Winston-Salem- $3.32/g, up 12.9 cents per gallon from last week’s $3.19/g.
Virginia- $3.37/g, up 13.6 cents per gallon from last week’s $3.24/g.
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