Gas prices have fallen 9.8 cents per gallon last week

INDIANA – Average gasoline prices in Indiana have fallen 9.8 cents per gallon in the last week, averaging $3.86 a gallon today, according to GasBuddy’s survey of 3,271 stations in Indiana.

Prices in Indiana are 76.4 cents per gallon lower than a month ago and stand 72.9 cents per gallon higher than a year ago. The national average price of diesel has declined 14.8 cents in the last week and stands at $5.27 per gallon.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $3.17 a gallon on Sunday, while the most expensive was $4.65 a gallon, a difference of $1.48 a gallon.

In Lawrence County, gas prices ranged from $3.59 a gallon to $3.45 a gallon for regular and $5.39 a gallon to $5.04 a gallon for diesel.

The national average price of gasoline has fallen 9.9 cents per gallon in the last week, averaging $3.92/g today. The national average is down 63.7 cents per gallon from a month ago and stands 74.8 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 15, 2021: $3.13/g (U.S. Average: $3.17/g)
  • August 15, 2020: $2.16/g (U.S. Average: $2.17/g)
  • August 15, 2019: $2.62/g (U.S. Average: $2.63/g)
  • August 15, 2018: $2.90/g (U.S. Average: $2.85/g)
  • August 15, 2017: $2.34/g (U.S. Average: $2.34/g)
  • August 15, 2016: $2.09/g (U.S. Average: $2.12/g)
  • August 15, 2015: $2.98/g (U.S. Average: $2.67/g)
  • August 15, 2014: $3.46/g (U.S. Average: $3.46/g)
  • August 15, 2013: $3.55/g (U.S. Average: $3.53/g)
  • August 15, 2012: $3.86/g (U.S. Average: $3.71/g)

Neighboring areas and their current gas prices:

  • Champaign- $3.93/g, down 17.3 cents per gallon from last week’s $4.11/g.
  • Indianapolis- $3.80/g, down 13.7 cents per gallon from last week’s $3.94/g.
  • Cincinnati- $3.93/g, down 15.0 cents per gallon from last week’s $4.08/g.
Patrick De Haan

“For the ninth week straight, gas prices have continued to fall, but the streak is at great risk of being broken this week with wholesale gasoline prices having bounced back up some 40 cents per gallon as oil prices have rebounded,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “That means the decline in average prices could wrap up soon, with some price increases possible as early as this week, especially in areas of the Great Lakes. While the West Coast and some areas of the Rockies may see prices continue to drift lower, I do believe the national average could tick higher this week as the better than expected jobs report last week likely means less demand destruction than anticipated.”

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. GasBuddy data is accessible at http://prices.GasBuddy.com.

Information: GasBuddy