Some projections say Americans will spend less money on gas in 2024 — what about gas prices in Virginia?

Gas prices will fall in 2024 for the second year in a row, according to GasBuddy projections shared exclusively with CNN.

GasBuddy, which had a forecast for 2023 that proved to be eerily accurate, expects US gas prices will average $3.38 a gallon in the key election year of 2024.

That would represent a significant improvement from 2023’s average of $3.51 a gallon and an even bigger drop from 2022’s average of $3.95. Gas prices skyrocketed to record highs that year as Russia’s invasion of Ukraine set off global shockwaves.

Here’s a look at changes in gas prices in Virginia.

Source: www.dailyprogress.com