Gas prices take a big jump

Average gasoline prices in Indiana have risen 16.8 cents per gallon in the last week, averaging $3.16/g today, according to GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 3.6 cents per gallon lower than a month ago and stand 26.6 cents per gallon lower than a year ago. The national average price of diesel has increased 4.0 cents in the last week and stands at $3.488 per gallon.
According to GasBuddy price reports, the cheapest station in Indiana was priced at $2.64/g yesterday while the most expensive was $4.49/g, a difference of $1.85/g.


The national average price of gasoline has risen 1.1 cents per gallon in the last week, averaging $3.08/g today.
“With Israel and Iran trading attacks, oil prices have surged to multi-month highs—setting the stage for additional price hikes at gas pumps across the country,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “As long as tensions in the Middle East continue to escalate, the risk of further impacts on oil prices remains high. For now, I expect gas prices could rise by 10 to 20 cents, while diesel could climb 15 to 25 cents in the coming days. Motorists should prepare for what will likely be modest price increases—for now—but the situation has the potential to worsen at any moment.”
GasBuddy’s averages, graphs, maps, and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.