News Sections
Audio
Gas Prices Going Down Across Indiana
Updated May 5, 2013 12:09 AM | Filed under: WBIW News
 Print    Archive    RSS

(UNDATED) - The price of gas in Indiana continues to tumble, with some stations closing in on the $3 mark for the first time in many months.

AAA says average price for a gallon of regular unleaded gas in Indiana was $3.33 a gallon, a slight decline from last week. Prices in Indiana topped out at an all-time high of $4.25 a gallon back in early May. Currently, the national average is $3.42 a gallon.

Indiana gas prices have declined by more than 50 cents in a month, as concerns over the health of the economy and increased supply of gasoline have pushed prices down.

Oil prices have tumbled amid concerns over the possibility of another global recession. Some analysts believe those prices may drop further because of U.S. data that show residents are making less money and therefore may cut back on spending for fuel and other items.
The price of oil is hovering around 85 dollars a barrel.

The price of gas at the pump locally is hovering at or just below the state average.



« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to comments@wbiw.com

Advertise with 1340 AM WBIW
Advertise with 1340 AM WBIW


1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2014 Ad-Venture Media, Inc. All Rights Reserved.   WBIW.com and Listen Live Powered by HPC

Advertise  |  Careers  |  About  |  Feedback