INDIANA — Hoosiers are seeing a slight increase at the pump as average gasoline prices in Indiana have risen 14.5 cents per gallon over the past week, now averaging $3.24 per gallon today, according to GasBuddy’s survey of 3,271 stations. This puts Indiana prices 14.4 cents higher than they were a month ago, although they are still 34.0 cents per gallon lower than they were at this time last year. The national average price of diesel has also seen a modest increase of 2.7 cents in the previous week, standing at $3.676 per gallon.
Despite the recent uptick in Indiana, GasBuddy’s 2025 Independence Day forecast predicts a more favorable trend nationally, with the average price of gas projected to fall to $3.15 per gallon on July 4th. This would mark a nearly 35-cent drop from last year’s July 4th average and the lowest Independence Day price since 2021. This decline is attributed to cooling geopolitical tensions in the Middle East and increased oil production from OPEC in recent months.
“The national average price of gasoline has resumed its decline, with falling prices driven by easing tensions in the Middle East—just weeks after those same tensions had pushed prices higher,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For motorists planning to hit the road for Independence Day, gas prices are expected to continue falling nearly coast to coast in the lead-up to July 4.”
Currently, gas prices across Indiana show a wide range, with the cheapest station surveyed yesterday at $ 2.67 per gallon and the most expensive at $ 3.69 per gallon, a difference of $ 1.02 per gallon.
Neighboring areas exhibit varied trends, with Champaign, IL, prices increasing by 10.2 cents to $3.29 per gallon, and Indianapolis rising by a significant 22.7 cents to $ 3.25 per gallon. Cincinnati, OH, however, has seen a decrease of 22.5 cents, averaging $ 2.95 per gallon.
De Haan added, “Relief could expand as the holiday weekend approaches, with the national average on track to hit its lowest July 4 level since 2021 at $3.15 per gallon, we project. As long as tensions in the Middle East remain contained and the U.S. avoids a major hurricane, we could see the national average fall below $3 per gallon later this summer.”
