Gas Prices Drop 37 Cents in Lynchburg Over the Past Week

Gas Prices Drop 37 Cents in Lynchburg Over the Past Week

Gas prices in the City of Lynchburg corrected over the last two weeks by falling sharply over the past week, dropping 37 cents per gallon from $2.74 last Monday (Feb. 16) to $2.37 as of Monday, Feb. 23 at 3:30 p.m., according to GasBuddy.

The decline places Lynchburg among the lower-priced markets across the Commonwealth.

Greater Lynchburg Area Prices (Feb. 23 – 3:30 p.m.)

• City of Lynchburg: $2.37
• Amherst: $2.79
• Appomattox: $2.54
• Bedford: $2.47
• Rustburg: $2.54

Among nearby localities, Amherst and Roanoke were tied at $2.79, while Bedford remained competitive at $2.47.

Across Virginia

• Alexandria: $2.59
• Charlottesville: $2.59
• Danville: $2.46
• Lynchburg: $2.37
• Richmond: $2.89
• Roanoke: $2.79
• Virginia Beach: $2.49

Richmond continues to post the highest pump price among the listed markets at $2.89 per gallon, while this week Lynchburg currently sits at the lowest.

With a significant week-over-week drop, local drivers are seeing meaningful savings at the pump as February comes to a close.

The Pump Prices we Benchmark

GasBuddy offers a range of tools beyond the headline average price, including real-time user-reported station prices, city and ZIP code comparisons, proximity filters, price trend charts, and regional price cycle tracking. For consistency in Lynchburg Agenda, we record pump prices at a specific time each Monday (3:30 p.m.) in each market to create a reliable week-over-week comparison. We intentionally avoid full-day averages because they blend price fluctuations over 24 hours, which can dilute real-time changes and mask short-term spikes. By capturing prices at the same time each week — and avoiding mid-week (Wednesday–Friday) volatility — we provide Greater Lynchburg readers with a clearer, apples-to-apples snapshot of what drivers are seeing at the Pump.

Source: GasBuddy (Prices recorded Monday, Feb. 23 at 3:30 p.m.)