Indiana — According to GasBuddy’s daily survey of 3,271 stations in Indiana, in the past week Indiana gas prices have risen 2.2 cents per gallon, averaging S3.36 a gallon today. Gas prices in Indiana are 22.4 cents per gallon higher than a month ago and stand 73.2 cents per gallon higher than a year ago.
In Lawrence County, gas prices range from S3.33 a gallon at Circle K on L Street to $3.25 a gallon at Citgo and Circle K on 16th Street.
The cheapest station in Indiana is priced at $3.07 a gallon today while the most expensive is S3.59 a gallon, a difference of 52.0 cents per gallon, according to GasBuddy price reports.
The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $3.51 a gallon today. The national average is up 20.4 cents per gallon from a month ago and stands 88.6 cents per gallon higher than a year ago.
‘With tensions still very high that Russia may invade Ukraine, gasoline prices kept moving higher, tugged by the rising price of oil as the market concentrates on possible outcomes from the situation that could affect global oil production amidst recovering demand: said Patrick De Haan, head of petroleum analysis for GasBuddy. “However, with nuclear talks between Iran and global powers ongoing in Vienna, the possibility exists that a new deal could bring Iran’s crude oil supply back to legitimate markets, helping to ease a slight portion of supply concerns. While the proposition remains in the air, for the time being, we’re also just a few weeks away from the traditional start of the spring surge in gasoline prices, brought on by the change to summer gasoline, seasonal maintenance at refineries, and rising demand. The weeks ahead could be rather ugly with rising prices, especially if Russia pursues a strong-arm invasion of Ukraine.”
For nearly two decades GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning. Unlike AM’s once-daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country.
