Gas Prices Edging Back Up

According to AAA-Mid-Atlantic, gas prices have jumped by more than a dime in the Commonwealth over the past week. The average price for a gallon of self-serve gasoline in Virginia is now $1.64 per gallon, up 12 cents from last week (as reported on Thursday, Jan. 8).

“Whether any of these somewhat emotional arguments for a higher oil and gasoline price will have a lasting impact remains to be seen since slack demand for energy worldwide must tighten if prices are going to move higher for the long term,” said Martha Mitchell Meade, spokeswoman for AAA Mid-Atlantic. “Regardless of these factors, AAA believes the eventual return of something resembling peace in the Middle East and the coming release of year-end economic data will probably dampen oil and gas prices in the next few weeks. This would make a return to lower prices possible, although not as certain as it was before the Gaza Strip erupted in turmoil.”

Check for the lowest gas prices in Virginia with AAA's "Fuel Price Finder." Just enter your zip code and you'll get a map showing gas stations, along with a chart showing who has the lowest prices. Loudoun County Traffic also features the lowest gas prices in Ashburn, Leesburg and Sterling as well as Virginia's lowest prices compliments of Gas Buddy. Just look in the grey shaded area to the right.

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