INDIANA — Hoosier drivers are finding significant relief at the pump this week as gasoline prices in Indiana plummeted 17.7 cents per gallon over the last seven days. According to the latest GasBuddy survey of 3,271 stations, the state average now sits at $3.75 per gallon.
While the current average is 6.2 cents lower than last month, drivers are still feeling a long-term pinch, with prices remaining nearly 74 cents higher than they were this time last year.-
The downward trend in Indiana outpaced the national decline. While Indiana saw an 18-cent drop, the national average fell 9.4 cents to $3.97 per gallon, finally dipping below the psychological $4.00 mark over the weekend.
Regional Snapshot:
- Indianapolis: $3.70/g (Down 19.7 cents)
- Cincinnati: $3.64/g (Down 17.7 cents)
- Champaign, IL: $4.13/g (Down 10.3 cents)
In Indiana, the price gap remains wide between retailers. Yesterday, the cheapest station in the state was spotted at $3.12/g, while the most expensive reached $4.49/g—a difference of $1.37 per gallon.
Today’s prices represent a significant increase compared to the post-pandemic lows of 2021, though they remain lower than the peaks seen in 2022.
| Date (April 20) | Indiana Average | U.S. Average |
| 2026 | $3.75 | $3.97 |
| 2025 | $3.01 | $3.10 |
| 2024 | $3.68 | $3.67 |
| 2022 | $3.91 | $4.10 |
| 2021 | $2.82 | $2.87 |
Despite the recent drop, experts warn that the celebration may be cut short. Patrick De Haan, head of petroleum analysis at GasBuddy, cited a surge in oil prices following a Sunday night closure of the Strait of Hormuz by Iran.
“That relief may prove fleeting,” De Haan warned. “With global oil flows remaining at risk, renewed volatility is taking hold. Gasoline prices are likely to rise again in the days ahead, and many states could see increases in the next 24-48 hours.”
The geopolitical tension, coupled with a lack of a clear diplomatic resolution in the Middle East, suggests that Indiana’s brief dip below $3.80 may end by mid-week. Diesel users saw similar relief this week, with the national average dropping nearly 12 cents to $5.50 per gallon, though it remains vulnerable to the same market shocks.
