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Gas Rising Again

Crude Oil Supply Concerns to Blame

Traffic on I-95
Traffic on I-95
Matt Demlein, WRVA

Richmond, Va. (Newsradiowrva.com) - You've probably noticed it on your commute: Gas prices are up again. Triple-A Mid-Atlantic says the average for a gallon in Richmond is now $4.09, up 13 cents from a week ago.

AAA's Morgan Dean says issue behind this is the fact that crude oil is currently over $100. He says prices are high there because the European Union is considering weening itself from Russian oil, and summer travel demand is coming. The current crude oil price is $109 a barrel.


Dean says given several stations are selling gas for higher than the $4.09 average, you can likely expect the price to continue to rise. The record statewide average was set in March at $4.25.

Crude Oil Supply Concerns to Blame