Virginia’s gas prices continue to remain flat as gasoline supply and refinery utilization rise as crude oil prices drop in the states, AAA Tidewater Virginia announced Monday.
Refinery utilization is at its highest measurement this year at 84 percent, a strong utilization rate, as measured by the Energy Information Administration. This helped contribute to the addition of four million barrels of gasoline. The refinery and production increases amid a small decrease in demand and cheaper crude oil prices resulted in the national gas price average decreasing by a penny to $2.86 on the week.
“After a wild March, Virginia motorists are seeing some stability at the pump. Pump prices remain at $2.71, a penny less than last week, but relatively the same since last,” said Holly Dalby, spokesperson for AAA Tidewater Virginia. “Cheaper crude oil prices will likely help to keep price fluctuation low this week.”
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