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Gas prices soar 35¢ in 30 days

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Gas prices have soared 35 cents in the past 30 days in Virginia.
In fact, prices went up a whopping 11 cents from Friday to Monday, and were at an average $3.61 for a gallon of self-serve regular gasoline.
According to the American Automobile Association, the high prices drivers are seeing at the pump are a function of the age-old tension between supply and demand, and strangely enough, both are down.
Crude oil supplies are also down in the wake of OPEC’s decision several months ago to lower production by nearly one million barrels per day.


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The Gazette | circulation@galaxgazette.com | 276-236-5178 ex 204
P.O. Box 68, 108 West Stuart Drive, Galax, VA 24333
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday