Gas price averages in Virginia have reached their highest point since 2014, according to the latest news release from AAA Tidewater.
Average prices across the state were $2.67 per gallon Friday, six cents more than last month and 38 cents higher than this time last year. Prices across the country are on the rise, according to the release. The national average sat at $2.90 Friday, reflecting a seven-cent increase from last month.
AAA Tidewater spokesperson Georjeane Blumling said the price jump could be attributed to an increase in crude oil costs.
“The September switch over to winter-blend gasoline ushered in cheaper gas prices compared to the summer, but that drop was short-lived,” Blumling said.
According to crowdsource gas pricing website GasBuddy, Williamsburg motorists could pay as low as $2.59 per gallon at local gas stations or as high as $2.99 per gallon at the BP station on Richmond Road. AAA’s gas pricing website reports that Friday averages for James City County sat at $2.66, while York’s averages were slightly lower at $2.61 per gallon.
Crude oil has been priced higher amid concerns of global crude supply and geopolitical tensions, including pending sanctions with Iran and Venezuela’s unstable economy, according to the release.
“Crude oil accounts for half of the retail pump price and crude is selling at some of the highest price points in four years,” Blumling said. “That means fall and year-end prices are going to be unseasonably expensive.”
Gas prices are likely to continue climbing into next week, AAA reports. For more information on pricing trends, visit gasprices.aaa.com.
Construction workers recently broke ground on a new project at the Holiday Inn Club Vacations Williamsburg Resort on English Garden Way, which will add a four-story villa building onto its property once completed.
The new building is expected to be completed by summer 2019, according to a news release from Holiday Inn owner Orange Lake Resorts, and will house 24 two- and three-bedroom villas. York County-based general contractor Henderson Incorporated was selected to carry out the construction work.
“Williamsburg is a top vacation destination for families, and our owners love the resort,” said Orange Lake president and CEO Tom Nelson in the release. “Expanding our resorts to meet demand is pivotal to our growth strategy.”
For more information, call the resort hotel at 757-941-1540.
Williamsburg Premium Outlets will be offering a variety of discount programs in support of nonprofit organization Susan G. Komen for the Cure throughout the month of October.
Simon, parent company of the Williamsburg outlets, has raised $2.77 million in support of the nonprofit organization between 2017 and 2018, according to a release.
Until Oct. 29, outlet shoppers can participate in a discount pass program, which allows shoppers to redeem a 25 percent discount on one item at each participating retailer in exchange for a $10 donation to Susan G. Komen, according to a release. One dollar also will be donated to the nonprofit for each purchase of a Simon gift card, according to the release.
“We are thrilled to launch our fall 2018 ‘More Than Pink initiatives’ and have been overwhelmed by the ongoing positive support this movement has garnered,” said Lisa Jones, director of marketing and business development at Williamsburg Premium Outlets.
For more information, visit: premiumoutlets.com/outlet/williamsburg.
» Local real estate agency Williamsburg Realty has announced its highest performing staff members for September, with Realtor Chuck Kane taking home the agency’s top sales agent award for the month.
Realtor Jane Potter won the agency’s Top Listing Agent award for the month of September.
For more information, visit williamsburgrealtyofva.com.
Arriaza can be reached at 757-790-9313 or on Twitter @rodrigoarriaza0.