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Officials Say Gas Prices Will Continue To Remain High
Updated September 6, 2017 6:58 AM
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(INDIANA) - Average retail gasoline prices in Indiana have risen 9.8 cents per gallon in the past week, averaging $2.51 a gallon Monday, according to GasBuddy's daily survey of 3,271 gas outlets in Indiana.

This compares with the national average that has increased 23.8 cents per gallon in the last week to $2.64 a gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Indiana during the past week, prices Monday were 33.3 cents per gallon higher than the same day one year ago and are .20 cents per gallon higher than a month ago. The national average has increased 29.8 cents per gallon during the last month and stands 44.5 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on September 5 in Indiana have ranged widely over the last five years:$2.18/g in 2016, $2.33/g in 2015, $3.50/g in 2014, $3.62/g in 2013 and $3.91/g in 2012.

Areas near Indiana and their current gas price climate:

  • Champaign- $2.41/g, up 2.8 cents per gallon from last week's $2.38/g.
  • Indianapolis- $2.46/g, up 0.7 cents per gallon from last week's $2.45/g.
  • Cincinnati- $2.53/g, up 22.9 cents per gallon from last week's $2.30/g.

"Thanks to Harvey shutting down an extensive amount of refining capacity, the national average gasoline price saw its largest weekly jump since Katrina hit the Gulf Coast in 2005 when the national average jumped 49 cents in a week. Every state has seen average gas prices rise, Texas saw shortages at hundreds of stations- its been one of the most challenging weeks faced in years," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "Until Texas can recover from Harvey, gasoline prices will likely continue to remain elevated. The situation is beginning to look up, with many refineries either back online or in the process, and gasoline production is ramping back up. While it may be weeks or longer before all refineries are back online, we now turn our attention to Hurricane Irma. With the Colonial Pipeline having shut down last week due to a lack of products, Florida and the Southeast and Mid-Atlantic may be a touch and go area for gasoline. Products are flowing to the region, but we'll have to keep a close on the storm, as Irma's path continues to be updated. GasBuddy has expanded our emergency gas availability tracker to Florida, Georgia, the Carolinas and we are prepared to again expand coverage in case motorists need help finding gas in other areas. Much remains in the air, but the situation promises to be challenging if Irma threatens the U.S. mainland."

For LIVE fuel price averages, visit FuelInsights.GasBuddy.com.

About GasBuddy

GasBuddy is the technology company changing the way more than 70 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.



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