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Business notes: June 27

Business notes: June 27
Gas prices have begun to dip in recent weeks, but consumer demands may cause that trend to reverse. (File photo)

Drivers making Fourth of July plans will be glad to see gas prices falling across the state, bucking a months-long surge in pricing.

The average gas price in Virginia was $2.61 a gallon Monday, which is 4 cents cheaper than last week and 15 cents less than last month. According to fuel-pricing website GasBuddy, fuel prices in Williamsburg ranged from $2.57 to $2.79 a gallon Monday.

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The national average sat at $2.87 a gallon Monday, marking a 5-cent drop from last week and a 12-cent drop from last month.

Despite this recent trend, prices in Virginia are still 58 cents higher per gallon on average when compared to last year, and AAA Tidewater spokeswoman Georjeane Blumling said gas prices remain volatile. Demand is also on the rise. The U.S. Energy Information Administration reports an all-time record high in consumer demand for gasoline in its latest short-term energy outlook report for the month of June.

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“If demand continues to strengthen and inventories decrease in the weeks ahead, motorists can expect gas prices to reverse and start to increase again,” Blumling said. “AAA expects the national gas price average to range between $2.85 and $3.05 through Labor Day, likely seeing the summer’s highest prices in June.”

For daily gas pricing updates, visit gasprices.aaa.com.

Karen Riordan, president and CEO of the Greater Williamsburg Chamber & Tourism Alliance, was recently selected as the Chamber Executive of the Year at the Virginia Association of Chamber of Commerce Executives’ annual membership dinner.

The ceremony was held in Harrisonburg on June 21 and is a yearly gathering of executives and leaders representing chambers of commerce from localities around the state.

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Before taking charge of the Chamber & Tourism Alliance in 2014, Riordan gained experience leading marketing programs for The Bahamas Ministry of Tourism, Royal Caribbean International, Amtrak, Choice Hotels International and Celebrity Cruises.

Previously, Riordan was a 2012 honoree of the Washington Business Journal’s “Women Who Mean Business,” and also won the American Advertising Federation’s silver medal award for service to the community in 2013.

For more information, visit williamsburgcc.com.

Richmond-based law firm Sands Anderson PC recently held a grand opening ceremony for its new Williamsburg-area office at 263 McLaws Circle in James City County.

The litigation and transaction law firm specializes in representing businesses, government entities and healthcare organizations, and it has offices in Christiansburg, Fredericksburg, McLean in Virginia and in Raleigh, N.C.

Its new local office staffs four lawyers serving the Greater Williamsburg and Hampton Roads areas. According to a news release, Sands Anderson PC Williamsburg lawyers focus on community associations, government, commercial real estate, labor and employment, healthcare, insurance, privately held and small business and professional services.

“We have long discussed the potential for opening an office in the Hampton Roads region," said Margaret Hardy, president of Sands Anderson PC. "Our business is growing in the area and when Liz White joined our firm, the time to expand to Williamsburg was right. We are thrilled to be located in Williamsburg and excited to be an engaged member of the community.”

Elizabeth White serves as the branch’s managing attorney. She said she’s excited to bring Sands Anderson’s track record of success to the Williamsburg area.

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“I'm so proud that Sands Anderson chose to expand in my hometown of Williamsburg," White said. "For me, joining the firm was an easy decision: the synergy of practices, the resources of a big firm with a small firm approach, the firm culture, and the numerous relationships throughout the community and the College of William and Mary.”

For more information, visit sandsanderson.com.

Cosmetics chain Sally Beauty Supply recently held a ribbon-cutting ceremony to mark the grand opening of its newest store in the Monticello Marketplace shopping center in James City County.

“We are excited to unveil our newest Sally Beauty concept store here in James City County,” said Tim Nixon, regional director for the company, in a news release. “This store will provide salon quality products, from hair care and color, to nails and pro-quality styling tools that are priced to please and backed by Sally Beauty's Love It or Return It Guarantee.”

For more information, visit sallybeauty.com.

Advance Auto Parts leased 6,438 square feet of retail space in Lightfoot Marketplace on Centerville Road. The property is leased and managed by Virginia Beach-based Divaris Real Estate, with George Fox, Harrison Hall and Peter Vick representing the landlord in the lease negotiations.

Other tenants in Lightfoot Marketplace include Harris Teeter, CHKD, Panera Bread, Heartland Dental, Virginia ABC and Great Clips.

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