INDIANA – Average gasoline prices in Indiana have dropped significantly over the past week, falling 20.8 cents per gallon to average $3.59/g, according to GasBuddy’s survey of 3,271 stations across the state.
State prices are now 33.0 cents per gallon lower than a month ago, though they remain 59.5 cents per gallon higher than they were a year ago. Across the country, the national average for gasoline has fallen 15.9 cents in the last week to average $3.96/g. This marks the first time the national average has dropped below $4 per gallon since early August. The national average is down 39.3 cents from a month ago and sits 92.2 cents higher than a year ago, based on GasBuddy data covering over 150,000 stations nationwide.
Meanwhile, the national average price for diesel decreased by 9.5 cents over the week, standing at $6.186 per gallon.
State Price Ranges and Regional Comparison
GasBuddy price reports indicate that prices at the pump varied widely across Indiana yesterday:
- Lowest Price: $2.99/g
- Highest Price: $4.69/g
- State Spread: A difference of $1.70/g between the cheapest and most expensive stations.
Neighboring areas experienced similar downward trends in fuel costs:
- Champaign: $4.36/g (down 15.7 cents from last week’s $4.52/g)
- Indianapolis: $3.60/g (down 22.2 cents from last week’s $3.82/g)
- Cincinnati: $3.77/g (down 30.9 cents from last week’s $4.08/g)
Historical November 9 Averages (Past 5 Years)
- 2025: Indiana $3.00/g | U.S. Average $3.03/g
- 2024: Indiana $2.89/g | U.S. Average $3.06/g
- 2023: Indiana $3.41/g | U.S. Average $3.39/g
- 2022: Indiana $4.14/g | U.S. Average $3.80/g
- 2021: Indiana $3.39/g | U.S. Average $3.42/g
Seasonal Shift Drives Relief
“Gasoline prices fell in every state over the last week, while diesel declined in nearly every state, and the national average dropped below $4 per gallon for the first time since early August,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Addressing common misconceptions about fuel costs around election cycles, De Haan noted that political outcomes are not driving the current relief.
“Many will assume the election had something to do with it, but that’s a myth. Gas prices have fallen in the 30 days leading up to the election every year since 2006 except 2010, and it’s typically seasonal: refiners finish maintenance and ramp up output just as demand fades with cooler weather,” De Haan explained. He added that these seasonal forces, alongside increased oil movement through the Strait of Hormuz, could keep prices below $4 in the weeks ahead.
