Gas prices hit $4 a gallon in Indiana

INDIANA – Average gasoline prices in Indiana have risen 46.7 cents per gallon in the last week, averaging $4.00 a gallon today, according to GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 64.0 cents per gallon higher than a month ago and stand $1.28 a gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $3.57 a gallon Sunday while the most expensive was $6.30 a gallon, a difference of $2.73 a gallon.

Gas prices in Lawrence County range from $3.99 a gallon to $3.79 at Cenex in Mitchell.

The national average price of gasoline has risen 46.5 cents per gallon in the last week, averaging $4.06 a gallon today. The national average is up 61.1 cents per gallon from a month ago and stands $1.29 a gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering more than 150,000 gas stations across the country.

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

  • March 7, 2021: $2.71/g (U.S. Average: $2.77/g)
  • March 7, 2020: $2.19/g (U.S. Average: $2.37/g)
  • March 7, 2019: $2.47/g (U.S. Average: $2.46/g)
  • March 7, 2018: $2.55/g (U.S. Average: $2.53/g)
  • March 7, 2017: $2.22/g (U.S. Average: $2.30/g)
  • March 7, 2016: $1.79/g (U.S. Average: $1.81/g)
  • March 7, 2015: $2.34/g (U.S. Average: $2.46/g)
  • March 7, 2014: $3.68/g (U.S. Average: $3.49/g)
  • March 7, 2013: $3.66/g (U.S. Average: $3.72/g)
  • March 7, 2012: $3.84/g (U.S. Average: $3.76/g)

Neighboring areas and their current gas prices:

  • Champaign- $4.18/g, up 39.4 cents per gallon from last week’s $3.79/g.
  • Indianapolis- $4.01/g, up 44.4 cents per gallon from last week’s $3.56/g.
  • Cincinnati- $3.82/g, up 48.6 cents per gallon from last week’s $3.33/g.
Patrick De Haan

“There are few words to describe the unprecedented rise in gasoline prices over the last week, with massive spikes coast to coast in both gasoline and diesel prices, as oil prices jump to their highest since 2008. Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50 a gallon. California could be heading for $5.50 per gallon with more stations charging $6 and beyond,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “We’ve never been in this situation before, with this level of uncertainty. As we lose a major global producer under the weight of deserving bipartisan sanctions for invading a sovereign country, the cost is high. Americans will be feeling the pain of the rise in prices for quite some time, with little good news foreseen.”

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 updates 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.