Average gasoline prices in Indiana have fallen 13.4 cents per gallon in the last week, averaging $2.97/g, according to GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 7.8 cents per gallon lower than a month ago and stand 7.6 cents per gallon higher than a year ago. The national average price of diesel has increased 3.7 cents in the last week and stands at $3.525 per gallon.
According to GasBuddy price reports, the cheapest station in Indiana was priced at $2.52/g Sunday, while the most expensive was $3.79/g, a difference of $1.27/g.
“It’s been a relatively quiet week for the national average price of gasoline, with little overall movement. However, colder weather has pushed diesel prices higher and could also impact gasoline prices if refiners face disruptions,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While gas prices haven’t shifted significantly yet, oil prices have climbed to their highest level since October, driven by President Biden’s new sanctions on so-called dark vessels, which have slowed countries like Iran’s ability to sell oil. This could soon lead to more noticeable increases in gas prices. Seasonally weak demand may help soften the impact of any increases for now, but with refinery maintenance season just weeks away—when refiners typically reduce gasoline production—motorists should be prepared for the spring rally to kick off.”
GasBuddy’s averages, graphs, maps, and historical pricing data covering the U.S. and Canada are available 24/7 at http://prices.GasBuddy.com.
