Average gas prices jump almost 70 cents around the state

Average gasoline prices in Indiana have risen 68.7 cents per gallon in the last week, averaging $3.48/g today, according to

GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 70.6 cents per gallon higher than a month ago and stand 62.2 cents per gallon higher than a year ago. The national average price of diesel has increased 85.9 cents compared to a week ago and stands at $4.599 per gallon.
The lowest reported prices around the area:
Pulaski County
Winamac — $3.59
Francesville — $3.59
Medaryville — $3.59
Starke County
Knox — $3.49
North Judson — $3.59
Hamlet — $3.59
LaPorte County
La Crosse — $3.59
LaPorte — $3.44
Michigan City — $3.44
Wanatah — $3.59
Rolling Prairie — $3.59
Westville — $3.39
North Liberty — $3.49
Walkerton — $3.17
Marshall County
Argos — $3.59
Bourbon — $3.39
Bremen — $3.59
Culver — $3.59
LaPaz — $3.59
Plymouth — $3.59
Koontz Lake — $3.23
According to GasBuddy price reports, the cheapest station in Indiana was priced at $2.55/g yesterday, while the most expensive was $5.09/g, a difference of $2.54/g.
The national average price of gasoline has risen 51.1 cents per gallon in the last week, averaging $3.45/g today.
“In just a week, consumers have seen gasoline prices surge at one of the fastest rates in years after oil prices spiked following U.S. strikes on Iran and the effective closure of the Strait of Hormuz,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With additional attacks across the Middle East over the weekend pushing oil above $100 per barrel for the first time in years, fuel markets are now rapidly recalibrating to the risk of prolonged disruption to global supply flows. As a result, gasoline prices in many states could climb another 20 to 50 cents per gallon this week, with price-cycling markets potentially seeing increases as early as today. Diesel may rise even more sharply, with increases of 35 to 75 cents per gallon possible as global distillate markets react. While the situation remains highly fluid, consumers are already beginning to feel the impact as energy markets adjust to this sudden escalation.”
GasBuddy is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years at GasBuddy.com