Gas prices have fallen 15.2 cents in Indiana

INDIANA – Average gasoline prices in Indiana have fallen 15.2 cents per gallon in the last week, averaging $4.58 a gallon Monday, according to GasBuddy’s survey of 3,271 stations in Indiana.

Prices in Indiana are 55.8 cents per gallon lower than a month ago and stand $1.42 a gallon higher than a year ago. The national average price of diesel has declined 10.8 cents in the last week and stands at $5.54 per gallon.

Gas prices in Lawrence County range from $4.29 a gallon to $4.06 a gallon and $5.95 a gallon to $5.39 a gallon for diesel fuel.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $3.89 a gallon Sunday while the most expensive was $5.49 a gallon, a difference of $1.60 a gallon.

The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.51 a gallon today. The national average is down 47.9 cents per gallon from a month ago and stands $1.35 a gallon 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:
July 18, 2021: $3.16/g (U.S. Average: $3.16/g)
July 18, 2020: $2.18/g (U.S. Average: $2.20/g)
July 18, 2019: $2.84/g (U.S. Average: $2.78/g)
July 18, 2018: $2.87/g (U.S. Average: $2.86/g)
July 18, 2017: $2.32/g (U.S. Average: $2.26/g)
July 18, 2016: $2.13/g (U.S. Average: $2.20/g)
July 18, 2015: $2.57/g (U.S. Average: $2.76/g)
July 18, 2014: $3.49/g (U.S. Average: $3.58/g)
July 18, 2013: $3.82/g (U.S. Average: $3.67/g)
July 18, 2012: $3.48/g (U.S. Average: $3.42/g)

Neighboring areas and their current gas prices:
Champaign- $4.62/g, down 9.2 cents per gallon from last week’s $4.71/g.
Indianapolis- $4.61/g, down 14.6 cents per gallon from last week’s $4.75/g.
Cincinnati- $4.62/g, down 13.6 cents per gallon from last week’s $4.76/g.

Patrick De Haan

“We’ve seen the national average price of gasoline declined for a fifth straight week, with the pace of recent declines accelerating to some of the most significant we’ve seen in years. This trend is likely to reach a sixth straight week, with prices likely to fall again this week. Barring major hurricanes, outages, or unexpected disruptions, I forecast the national average to fall to $3.99/gal by mid-August,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “So far, we’ve seen the national average drop for 34 straight days, with over 25,000 stations now back at $3.99 per gallon or less, and thousands more stations will join this week. In addition, we will see several states fall back under an average of $4, the majority being in the south, but that could spread to more states in the weeks ahead.”

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.