How low will gas prices go in Alexandria, Virginia?
We started snapping stations with below $2 a gallon prices a few weeks ago. Old Town Gas recently followed suit as did this station in the West End. With gas prices likely falling below $40 a gallon, I would make an educated guess that gas prices will be going lower. At this point in the year, gas prices are at their lowest since 2008. Here’s a photo from a Seminary Hill Exxon station I snapped last night.
According to The Wall Street Journal, the price of oil barrels has dropped due to a simple supply and demand resolution. Due to the new-found oil in the United States, the supply now meets the demand with our ‘homegrown’ oil. As the price of oil barrels continue to drop, the price of gas will continue to drop.
REMINDER: You can use this map on our website to find the lowest gas prices in Alexandria 24/7.