VIRGINIA BEACH — Easing oil costs and “tepid” domestic demand helped pump prices ease up on the pedal, according to AAA, shedding two cents since last week to $3.11.
Meanwhile, Thursday’s national average per kilowatt hour of electricity at a public EV charging station remained at 34 cents, it added.
“We are about halfway through winter, so there may be fewer seasonal spikes at the pump,” said Ryan Adcock, AAA Tidewater spokesperson.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.08 million barrels per day last week to 8.30 million. Meanwhile, total domestic gasoline stocks rose from 245.9 million barrels to 248.9 million, while gasoline production decreased last week, averaging 9.2 million barrels daily.
According to AAA, Thursday’s national average for a gallon of gas was $3.11, nine cents more than a month ago and one penny less than a year ago.
Locally, AAA said the gas price average for the Commonwealth decreased to $3.06. Thursday’s price is three cents lower than a week ago and 17 cents higher than a month ago. In Hampton Roads, prices decreased five cents to $2.99, which is 21 cents higher than a month ago and seven cents lower than a year ago.
