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Gas Prices Dropping In Indiana

Last updated on Monday, January 15, 2007

(UNDATED) - It’s been less than a year since gasoline prices soared past three dollars a gallon.

Now parts of Indiana are enjoying pump prices below two dollars. AAA Hoosier Motor Club says the average gas price in Indiana is still $2.15 a gallon, but prices slipped below two dollars last week in Lafayette.

AAA's Greg Seiter says prices may keep heading down, as long as things stay quiet in the Middle East and North Korea. Oil futures slipped below $52 a barrel at one point last week.

Barring any international disruptions, Seiter says prices could keep edging down till spring when increased demand and the transition to summer-formula gas will push them up again.

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