VIRGINIA BEACH — The national average for a gallon of gas dropped a penny since last week to $3.11 thanks in part to softer oil prices, according to AAA.
But some drivers could see fluctuations at the pump due to markets and retailers reacting to news of tariffs and the transition to summer-grade gasoline which is more expensive to produce, the organization cautioned.
Meanwhile, the national average per kilowatt hour of electricity at a public EV charging station stayed the same at 34 cents.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.45 million barrels per day last week to 8.87 million, while the total domestic gasoline supply decreased from 248.3 million barrels to 246.8 million. Gasoline production increased last week, averaging 9.6 million barrels per day.
Thursday’s national average for a gallon of gas is $3.11, two cents lower than a month ago and 27 cents lower than a year ago.
Locally, the gas price average for the Commonwealth today was $2.91 — six cents lower than a week ago and 15 cents lower than a month ago. In Hampton Roads, prices decreased one penny to $2.89, which is seven cents lower than a month ago and 21 cents lower than a year ago.
