Record high gas prices in Indiana have risen again

INDIANA – Average gasoline prices in Indiana have risen 18.0 cents per gallon in the last week, averaging $4.59 a gallon today, according to GasBuddy’s survey of 3,271 stations in Indiana.

Prices in Indiana are 68.0 cents per gallon higher than a month ago and stand $1.67 a gallon higher than a year ago. The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.518 per gallon.

Gas prices in Lawrence County for regular fuel prices range from $4.59 a gallon to $4.39 a gallon. Diesel fuel prices range from $5.39 a gallon to $5.29 a gallon.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $4.29 a gallon yesterday while the most expensive was $5.14 a gallon, a difference of 85.0 cents per gallon.

The national average price of gasoline has risen 11.0 cents per gallon in the last week, averaging $4.57/g today. The national average is up 45.4 cents per gallon from a month ago and stands $1.55/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Indiana and the national average going back ten years:

  • May 23, 2021: $2.92/g (U.S. Average: $3.02/g)
  • May 23, 2020: $1.97/g (U.S. Average: $1.96/g)
  • May 23, 2019: $2.90/g (U.S. Average: $2.85/g)
  • May 23, 2018: $3.04/g (U.S. Average: $2.97/g)
  • May 23, 2017: $2.28/g (U.S. Average: $2.36/g)
  • May 23, 2016: $2.35/g (U.S. Average: $2.28/g)
  • May 23, 2015: $2.75/g (U.S. Average: $2.74/g)
  • May 23, 2014: $3.85/g (U.S. Average: $3.66/g)
  • May 23, 2013: $3.82/g (U.S. Average: $3.66/g)
  • May 23, 2012: $3.73/g (U.S. Average: $3.68/g)

Neighboring areas and their current gas prices:

  • Champaign- $4.85/g, up 15.0 cents per gallon from last week’s $4.70/g.
  • Indianapolis- $4.56/g, up 18.7 cents per gallon from last week’s $4.37/g.
  • Cincinnati- $4.47/g, up 11.3 cents per gallon from last week’s $4.36/g.
Patrick De Haan

“Gasoline prices surged over the last week to new record highs, but have finally started to slow their rise with diesel also finally cooling off,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With more Americans planning to hit the road for Memorial Day this year compared to last, prices will be over $1.50 per gallon higher than last year. Though, prices are appearing to slow down, for now. While the coast isn’t clear yet, and prices will be at their highest Memorial Day level ever, I’m hopeful that we could avoid a dreaded national average of $5 per gallon this year. Whether or not we’re able to depends on Americans cutting demand in the face of sky-high prices.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’s once-daily survey and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline stations, GasBuddy’s survey is updated 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. GasBuddy data is accessible at http://prices.GasBuddy.com.