Gas prices in Virginia have increased by 28 cents per gallon over the past month, according to the latest AAA Tidewater report.
Virginia motorists were paying about $2.48 per gallon on Wednesday. According to AAA’s report, prices across the state have increased an average of 40 cents per gallon since the new year.
Wednesday’s state average was also 1-cent more expensive than last year. Across the country, Wednesday’s national average sat at $2.70 per gallon, according to AAA’s gas pricing website, 27 cents higher than last month and 4 cents more expensive than last year.
AAA spokesperson Katharine Beachboard said falling gasoline stocks indicate prices won’t fall again anytime soon.
“Three months ago, motorists could find gas for less than $2.50 at most gas stations. Today, you can only find gas for that price at one-third of stations, which is likely giving sticker shock to motorists across the country,” she said in the report. “Gasoline stocks have been steadily decreasing since early February causing spikes at the pump that are likely to continue for the coming weeks.”
Locally, AAA reports Wednesday’s average price in James City County was slightly higher than the state average at $2.53, while York’s average was on par with the state average at $2.48 per gallon.
According to crowdsource gas pricing website GasBuddy, Williamsburg motorists can expect to pay as low as $2.40 per gallon at the Valero station on York Street, or as high as $2.69 per gallon at the BP station on Richmond Road.
For more information on national and state gas price averages, visit gasprices.aaa.com.
Chesapeake Wealth Management has announced that Brian Moore has joined its Williamsburg office as a portfolio manager.
Moore has worked in the investment industry for 19 years, according to a company news release. He previously worked for Wachovia Securities in Richmond, according to the release, where he focused on fixed income trading. He also has experience in endowments, foundations, insurance companies, public funds, and retirement plans, according to the report.
“As a portfolio manager, Brian will provide customized in-house portfolio analysis and investment management to fit each client’s financial goals,” Chesapeake Wealth Management President John Sadler said in the release. “Brian will be a key player with Chesapeake Wealth Management’s in-house team that delivers full-service wealth management, trust and estate services, with no outsourcing of expertise.”
Chesapeake Wealth Management operates offices in Williamsburg, Richmond and the Northern Neck, according to its website. For more information, visit chesbank.com/wealth-management/
Five Guys on High Street reopened Wednesday after closing for a month to make store-wide renovations.
The 2,600-square-foot fast-food restaurant opened at 1430 Richmond Road in 2009, according to a past Virginia Gazette report. In a prior interview, Assistant Manager Olha Zakharuk said Five Guys requires its restaurants remodel every 10 years.
District Manager Jennifer Stout said the restaurant as added all-new kitchen equipment along with new furniture in its dining area.
The restaurant is open daily from 11 a.m. to 10 p.m. For more information, call 757 229 1213.
Local real estate agency Williamsburg Realty has announced its highest performing staff members for March, with Realtor Jane Potter taking home the agency’s Top Producer award for the month.
For more information, visit williamsburgrealtyofva.com.
Arriaza can be reached at 757-790-9313 or on Twitter @rodrigoarriaza0.