INDIANA — Drivers across the Hoosier State are feeling a fresh surge of pain at the pump this week as gasoline prices nationwide trend back toward the $4-a-gallon threshold.
According to the latest survey of 3,271 Indiana stations conducted by GasBuddy, average gasoline prices in Indiana have jumped 11.2 cents per gallon over the last week, reaching $3.34 per gallon today.
Today’s state average is 1.6 cents higher than a month ago and stands 18.9 cents higher than on this same date last year.
Across Indiana, pump prices varied wildly:
- Cheapest reported station: $2.83 per gallon
- Most expensive reported station: $5.09 per gallon
- Price spread: $2.26 per gallon
National Trends & Regional Comparison
The price spike is not isolated to Indiana. Nationwide, the average price of gasoline has jumped 13.0 cents per gallon over the past seven days, bringing the national average to $3.95 per gallon today. That figure is up 6.5 cents from a month ago and is a stark 85.7 cents higher than one year ago, according to GasBuddy data aggregated from over 11 million weekly price reports.
Meanwhile, the national average price for diesel has seen a notable decline, dropping 22.3 cents compared to last week to rest at $5.077 per gallon.
How Regional Metro Areas Compare:
- Indianapolis, IN: $3.33/g — up 11.4 cents from last week’s $3.21/g
- Cincinnati, OH: $3.80/g — up 4.6 cents from last week’s $3.76/g
- Champaign, IL: $3.98/g — up 3.8 cents from last week’s $3.94/g
Historical Perspective: Indiana vs. U.S. Averages (July 20)
- 2025: Indiana: $3.15/g | U.S. Average: $3.09/g
- 2024: Indiana: $3.67/g | U.S. Average: $3.47/g
- 2023: Indiana: $3.45/g | U.S. Average: $3.55/g
- 2022: Indiana: $4.49/g | U.S. Average: $4.44/g
- 2021: Indiana: $3.15/g | U.S. Average: $3.17/g
Geopolitical Strains Squeeze Global Supply
Fuel analysts attribute the widespread increases to international conflicts that continue to constrain global refining capacity and crude shipping routes.
“Average gasoline and diesel prices rose in nearly every state for the second straight week, with the national average price of gasoline likely to reach $4 per gallon within the next 48 hours and diesel already back above $5 per gallon nationally,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“While the ongoing U.S.-Iran situation continues to weigh on markets, the story is increasingly less about crude oil and more about global refining capacity — the Strait of Hormuz remains closed while continued Ukrainian attacks on Russian refineries further squeeze an already strained supply picture. With WTI crude approaching $85 per barrel in Sunday night trading, price-cycling markets are likely to see another jolt higher in the coming days, and motorists should brace for a rougher stretch ahead.”
Motorists are encouraged to shop around for competitive prices as regional price-cycling continues over the coming days.
