Gas prices in Roanoke down 3.5 cents over past week

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Gas pump(Contributed)
Published: Jun. 20, 2022 at 5:29 AM EDT
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ROANOKE, Va. (WDBJ) - Average gasoline prices in Roanoke have fallen 3.5 cents per gallon in the last week, averaging $4.61 per gallon today, according to GasBuddy’s survey of 155 stations in Roanoke. Prices in Roanoke are 27.7 cents per gallon higher than a month ago and stand at $1.77 per gallon higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.

According to GasBuddy price reports, the cheapest station in Roanoke was priced at $4.35 per gallon yesterday while the most expensive was $5.99 per gallon, a difference of $1.64 per gallon. The lowest price in the state yesterday was $4.29 per gallon while the highest was $5.99 per gallon, a difference of $1.70 per gallon.

The national average price of gasoline has fallen 4.2 cents per gallon in the last week, averaging $4.97 per gallon today. The national average is up 37.3 cents per gallon from a month ago and stands $1.92 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Roanoke and the national average going back ten years:

June 20, 2021: $2.85 per gallon (U.S. Average: $3.05 per gallon)

June 20, 2020: $1.88 per gallon (U.S. Average: $2.12 per gallon)

June 20, 2019: $2.37 per gallon (U.S. Average: $2.66 per gallon)

June 20, 2018: $2.56 per gallon (U.S. Average: $2.87 per gallon)

June 20, 2017: $2.05 per gallon (U.S. Average: $2.28 per gallon)

June 20, 2016: $2.13 per gallon (U.S. Average: $2.33 per gallon)

June 20, 2015: $2.54 per gallon (U.S. Average: $2.80 per gallon)

June 20, 2014: $3.35 per gallon (U.S. Average: $3.68 per gallon)

June 20, 2013: $3.32 per gallon (U.S. Average: $3.60 per gallon)

June 20, 2012: $3.16 per gallon (U.S. Average: $3.48 per gallon)

Neighboring areas and their current gas prices:

Greensboro- $4.57 per gallon, down 7.5 cents per gallon from last week’s $4.65 per gallon.

Winston-Salem- $4.59 per gallon, down 6.6 cents per gallon from last week’s $4.66 per gallon.

Virginia- $4.83 per gallon, down 5.1 cents per gallon from last week’s $4.88 per gallon.

“Finally some relief! For the first time in nine weeks, gasoline prices have fallen, following a broad sell-off in oil markets last week, pushing the national average back under the $5 level with most states seeing relief at the pump,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “I’m hopeful the trend may continue this week, especially as concerns appear to be mounting that we may be on the cusp of an economic slowdown, putting downward pressure on oil. But the coast isn’t yet entirely clear. We could see the national average fall another 15 to 30 cents, if we’re lucky, by the time fireworks are flying, barring any unexpected shutdowns at a time when the market is extremely sensitive to such.”

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