Gas prices drop around the state

Average gasoline prices in Indiana have fallen 10.9 cents per gallon in the last week, averaging $3.05/g today, according to GasBuddy’s survey of 3,271 stations in Indiana. Prices in Indiana are 21.0 cents per gallon lower than a month ago and stand 56.5 cents per gallon lower than a year ago. The national average price of diesel has increased 1.6 cents in the last week and stands at $3.709 per gallon.

According to GasBuddy price reports, the cheapest station in Indiana was priced at $2.61/g yesterday while the most expensive was $3.69/g, a difference of $1.08/g.

The national average price of gasoline has risen 0.9 cents per gallon in the last week, averaging $3.10/g today.

“It’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.”…

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