Actions

Drivers 'excited' over $2.99 gas deal through end of August -- but there's a catch

 Denisha Smith
Posted
and last updated

RICHMOND, Va. -- Gas prices are on the rise in Virginia, according to AAA's interactive map, which shows prices ticked up 14 cents on average for regular unleaded from this time last month in the Commonwealth.

As a result, Richmond residents like Denisha Smith are looking for any deals they can find.

Smith noticed a Sheetz gas station running a special on gas. The fuel giant is charging $2.99 a gallon for their Unleaded 88 (E15) gas through the end of August.

Denisha Smith
Denisha Smith

“I was excited," she said. "It makes it a lot harder with the economy going on right now you can't get as much gas as you want to because everything is so high."

That $2.99 price is around 65 cents lower than the state average, according to AAA.

Sheetz Store

Local News

Sheetz to charge $2.99 a gallon for Unleaded 88 gas through August

WTVR CBS 6 Web Staff

However, many wonder what makes that type of gas different than regular unleaded (E10), which has an 87 octane rating.

Morgan Dean, a spokesperson for AAA Mid-Atlantic, said the 88 gas, which has an 88 octane rating, contains more crude oil.

“It has up to 15% ethanol compared to the traditional 87 gas that has 10%," he shared.

Morgan Dean with AAA Mid-Atlantic
Morgan Dean with AAA Mid-Atlantic

Unleaded 88 is approved by the U.S. Environmental Protection Agency for all cars trucks and SUVs made since 2001.

AAA said customers should be aware they may see a small decrease in efficiency. According to a study by the federation, drivers saw a roughly 2% decrease in fuel economy.

"However, if you are saving more than 2% on your purchase you are probably ahead of the ball game," said Dean.

Fuel Cap Unleaded 88

AAA said Unleaded 88 is not good for lawnmowers, off-road vehicles, boats or chain saws.

When in doubt Dean said drivers should check their owner's manual or the information printed inside the vehicle's door jam or on its gas cap.

This is a developing story, so anyone with more information can email newstips@wtvr.com to send a tip.

Richmond Gas Prices provided by GasBuddy.com
Click here to add this map to your website.

Lowest Gas Prices in Richmond
Richmond Gas Prices provided by GasBuddy.com

CBS6-News-at-4pm-and-Jennifer-Hudson-480x360.jpg

Entertainment

Watch 'The Jennifer Hudson Show' weekdays at 3 p.m. on CBS 6!

📱 Download CBS 6 News App
The app features breaking news alerts, live video, weather radar, traffic incidents, closings and delays and more.