INDIANA – According to GasBuddy price reports, the cheapest station in Indiana was priced at $4.29 a gallon on Tuesday while the most expensive was $5.34 a gallon, a difference of $1.05 a gallon.
In Lawrence County, gas prices range from $4.65 a gallon to $4.59 a gallon for regular and $5.49 a gallon to $5.39 a gallon for diesel.
The national average price of gasoline has risen 0.9 cents per gallon in the last week, averaging $4.60 a gallon today. The national average is up 42.8 cents per gallon from a month ago and stands $1.56 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:
May 31, 2021: $2.98/g (U.S. Average: $3.04/g)
May 31, 2020: $1.96/g (U.S. Average: $1.97/g)
May 31, 2019: $2.89/g (U.S. Average: $2.82/g)
May 31, 2018: $2.97/g (U.S. Average: $2.96/g)
May 31, 2017: $2.35/g (U.S. Average: $2.38/g)
May 31, 2016: $2.42/g (U.S. Average: $2.32/g)
May 31, 2015: $2.72/g (U.S. Average: $2.75/g)
May 31, 2014: $3.92/g (U.S. Average: $3.67/g)
May 31, 2013: $3.83/g (U.S. Average: $3.61/g)
May 31, 2012: $3.65/g (U.S. Average: $3.62/g)
“After several weeks of soaring gas prices, last week saw prices nationally slow down ahead of Memorial Day, but I’m afraid the good news ends there,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While gasoline demand has been seasonally soft, the large decline in refining capacity over the last few years has meant that refiners are struggling to produce even lower amounts of refined products. This has led inventories to struggle to see any gains, boosting concern that they won’t be able to catch up. Coupled with continued talk that the EU is still working on sanctioning Russian oil, even though Hungary is a holdout, oil markets are quite an on edge. As a result of the continued decline in gasoline inventories in recent weeks, wholesale gas prices surged last week, which will likely boost prices at the pump in short order. Motorists in the Great Lakes could see prices jump early in the week to new record highs, and the rest of the nation will follow. Odds are rising that we’ll eventually see the national average reach that dreaded $5 per gallon.”
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.
