After weeks of decline, gas prices are on the rise – but they’re still not approaching 2014 highs, according to a recent AAA Tidewater report.
The average price for regular unleaded gas in Hampton Roads was $2.24 on Monday. That’s $1.28 cheaper than last year, but 7 cents higher than last week – when the average gas price for regular unleaded was $2.17.
Rising crude oil prices and unplanned refinery problems continue to affect the market.
Crude oil prices settled for a 2015 high of $56.71 on April 16, according to the report. Continued unrest in the Middle East, and a weakening U.S. dollar, are also contributing to higher gas prices.