Tuesday, November 28, 2023

As gas prices hit highest mark since 2014, Virginians are feeling it in their wallet

VIRGINIA BEACH — Many drivers in Virginia have noticed a spike in gas prices in April, and it looks like that trend isn’t going to change.

April has ended as the most expensive month for gas since 2014, averaging at approximately $2.62 per gallon, according to AAA Tidewater.

Historically, both state and national averages are at the highest price since 2014, when the national gas price peaked at $3.70. Since then, the price of gas in Virginia has decreased, but now AAA expects current prices to continue to rise.

“Motorists have been spoiled the past few years with inexpensive gas prices,” said Georjeane Blumling, spokeswoman for AAA Tidewater Virginia. “We expect prices to continue increasing, potentially another 10 cents, through Memorial Day and then will likely stabilize during the summer, with the understanding that if demand spikes, prices are likely to follow.”

In Hampton Roads, the current price is $2.63, which is 6 cents more than last week and 45 cents more than last year. While this is still a high in Virginia, it beats the national average price of $2.81 — also the highest national price since 2014.

More information about the current gas prices can be found on AAA’s mobile app.

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