The national average of gas on the verge of $3.99 a gallon

INDIANA – Average gasoline prices in Indiana have fallen 20.3 cents per gallon in the last week, averaging $3.96 a gallon today, according to GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 81.7 cents per gallon lower than a month ago and stand 81.7 cents per gallon higher than a year ago.

The national average price of diesel has declined 13.1 cents in the last week and stands at $5.14 per gallon.

Gas prices in Lawrence County range from $3.65 a gallon for regular fuel to $3.52 a gallon. Diesel prices range from $5.49 a gallon to $5.19 a gallon.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $3.47 a gallon Sunday while the most expensive was $4.89 a gallon, a difference of $1.42 a gallon.

The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.01/g today. The national average is down 68.7 cents per gallon from a month ago and stands 83.6 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

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

  • August 8, 2021: $3.14/g (U.S. Average: $3.18/g)
  • August 8, 2020: $2.12/g (U.S. Average: $2.17/g)
  • August 8, 2019: $2.66/g (U.S. Average: $2.66/g)
  • August 8, 2018: $2.87/g (U.S. Average: $2.87/g)
  • August 8, 2017: $2.41/g (U.S. Average: $2.36/g)
  • August 8, 2016: $2.02/g (U.S. Average: $2.12/g)
  • August 8, 2015: $2.37/g (U.S. Average: $2.60/g)
  • August 8, 2014: $3.43/g (U.S. Average: $3.47/g)
  • August 8, 2013: $3.55/g (U.S. Average: $3.58/g)
  • August 8, 2012: $3.87/g (U.S. Average: $3.65/g)

Neighboring areas and their current gas prices:

  • Champaign- $4.11/g, down 18.1 cents per gallon from last week’s $4.29/g.
  • Indianapolis- $3.94/g, down 22.0 cents per gallon from last week’s $4.16/g.
  • Cincinnati- $4.08/g, down 20.0 cents per gallon from last week’s $4.28/g.
Patrick De Haan

“The national average is poised to fall back under $4 per gallon as early as today as we see the decline in gas prices enter its eighth straight week. By the end of the week, one hundred thousand stations will be at $3.99 or less,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Diesel continues to decline as well, and will likely soon fall under $5 per gallon. We’ve even seen nearly a dozen stations in low-priced states fall under $2.99, a welcome return to some lucky motorists in areas of Texas, Oklahoma, Kansas and Iowa. The groundwork is laid for a ninth week of decline, with areas of the West Coast soon ditching the $5 per gallon average. While I’m upbeat the drop can continue for another couple weeks, we’re starting to see some activity in the tropics, which may increase risk of potential disruption.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. 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.