Gasoline prices in Roanoke fell 6.5 cents per gallon last week

ROANOKE, Va. (WDBJ/GasBuddy News Release) – Average gasoline prices in Roanoke have fallen 6.5 cents per gallon over the past week, averaging $3.22/g on Monday, according to a GasBuddy survey of 155 Roanoke gas stations. Prices in Roanoke are 9.4 cents per gallon lower than a month ago and 31.3 cents per gallon lower than a year ago. The national average price for diesel has fallen 2.6 cents over the past week, to $3.69 per gallon – the lowest in 940 days.

According to GasBuddy's price reports, the cheapest gas station in Roanoke on Sunday was $2.93/g, while the most expensive was $3.59/g, a difference of 66.0 cents per gallon. The lowest price in the state on Sunday was $2.90/g, while the highest was $4.19/g, a difference of $1.29/g.

The national average price of gasoline fell 4.2 cents per gallon over the past week, averaging $3.37 per gallon on Monday. The national average is down 11.4 cents per gallon from a month ago and is 47.8 cents per gallon lower than a year ago, according to data from GasBuddy, compiled from more than 11 million weekly price reports from over 150,000 gas stations across the country.

“Gasoline and diesel prices continue to fall across much of the country as summer demand wanes. Lower demand in other oil-consuming countries is also adding to the downward pressure on pump prices as we approach Labor Day,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With little new action in the Middle East to drive up prices and Hurricane Ernesto still far out at sea, it looks like the downward trend could continue in the coming week. As more schools reopen, gasoline demand is likely to continue to wane. With the switch to winter gasoline beginning in most parts of the country in less than a month, gasoline prices will soon begin their seasonal cooldown – just as temperatures will soon.”

Historical gasoline prices in Roanoke and the national average for the last ten years:

August 19, 2023: $3.53/g (US average: $3.84/g)

August 19, 2022: $3.47/g (US average: $3.89/g)

August 19, 2021: $2.91/g (US average: $3.16/g)

August 19, 2020: $1.95/g (US average: $2.17/g)

August 19, 2019: $2.37/g (US average: $2.60/g)

August 19, 2018: $2.51/g (US average: $2.82/g)

August 19, 2017: $2.12/g (US average: $2.32/g)

August 19, 2016: $1.93/g (US average: $2.15/g)

August 19, 2015: $2.28/g (US average: $2.66/g)

August 19, 2014: $3.10/g (US average: $3.44/g)

Neighbouring towns and their current gas prices:

Greensboro – $3.13/g, down 7.9 cents per gallon from the previous week’s $3.21/g.

Winston-Salem – $3.12/g, down 4.9 cents per gallon from the previous week’s $3.17/g.

Virginia – $3.27/g, down 6.2 cents per gallon from the previous week’s $3.34/g.

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