GasBuddy released its 2025 Fuel Price Outlook this week, forecasting a third consecutive year of lower gas and diesel prices. The outlook highlights key trends in gasoline and diesel prices utilizing specific inputs, potential impacts on production, supply and demand changes and a change in leadership in Washington.
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Average gasoline prices in Indiana have fallen 16.1 cents per gallon in the last week, averaging $2.88/g, according to GasBuddy’s survey of 3,271 stations in Indiana.
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Gas prices continue to drop, due to coronavirus fears. GasBuddy Head of Petroleum Analysis Patrick DeHaan says the spread of the virus has halted a lot of travel to affected areas.
Continue readingGas prices ended 2019 almost 50 cents higher, on average in Indiana, than where they began the year. That’s according to statistics from GasBuddy. The state’s average was at $2.52 a gallon, as of Tuesday afternoon.
Continue readingThe largest seasonal surge in gas prices since 2011 hasn’t put a roadblock in summer travel plans. If anything, more Americans are actually hitting the road than in past years.
Continue readingHoosier drivers can expect to see gas prices continue to fluctuate during the month of February. GasBuddy’s Head of Petroleum Analysis Patrick DeHaan said drivers probably noticed higher prices starting on Monday of this week.
Continue readingGasbuddy.com Senior Petroleum Analysts Patrick DeHaan and Dan McTeague collaborated on a fuel price outlook for 2018.
Though the men did predict an expensive year ahead when they issued the prediction on January 3rd, McTeague said conservative figures were utilized in order to avoid making any assumptions that could have been considered too high. Five weeks into the New Year even the maximum predictions have been surpassed.
McTeague explained that one factor currently contributing to dwindling crude oil inventories is a leak to a frequently used pipeline. Continue reading
As first responders attend to the devastation and destruction caused by Tropical Storm Harvey, fuel analysts wait to see how national gas prices will be impacted. Senior Petroleum Analyst for GasBuddy.com Partick DeHaan said that during Hurricane Katrina whole-sale gas prices shot up 40 cents a gallon. Though he expects a similar reaction, the current projections are still unknown. Continue reading
Gas prices have been at a decent level lately as opposed to recent months.
Gasbuddy.com Senior Petroleum Analyst Dan McTeague said the local retailers are working the numbers very closely.
“Prices are reflecting the wholesale and tax of about $2.20 a gallon and that looks to be in some places the going price,” said McTeague. “A lot of gas stations are really operating with their proverbial noses very close to the grindstone. I’ve seen some places that are moving up to $2.45.”
Gas prices are expected to stay low during the Thanksgiving travel period. Continue reading
Gas prices appear to be heading back down after jumping up over the past two weeks. Continue reading
Gas prices have been dropping over the past few days, and experts expect that trend to continue. Continue reading
