INDIANA – Average gasoline prices in Indiana have fallen 12.9 cents per gallon in the last week, averaging $2.93 a gallon today, according to GasBuddy’s survey of 3,271 stations in Indiana.
Prices in Indiana are 31.5 cents per gallon lower than a month ago and 42.2 cents per gallon lower than a year ago. The national average price of diesel has declined 2.6 cents in the last week and stands at $3.54 per gallon—the lowest level in over 1,100 days.
According to GasBuddy price reports, the cheapest station in Indiana was $2.39 a gallon yesterday, while the most expensive was $3.99 a gallon, a difference of $1.60 a gallon.
The national average price of gasoline has fallen 5.3 cents per gallon in the last week, averaging $3.07 a gallon today. It is down 12.9 cents per gallon from a month ago and 39.8 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations nationwide.
Historical gasoline prices in Indiana and the national average going back ten years:
- October 28, 2023: $3.35/g (U.S. Average: $3.47/g)
- October 28, 2022: $3.83/g (U.S. Average: $3.74/g)
- October 28, 2021: $3.33/g (U.S. Average: $3.39/g)
- October 28, 2020: $2.03/g (U.S. Average: $2.14/g)
- October 28, 2019: $2.46/g (U.S. Average: $2.60/g)
- October 28, 2018: $2.71/g (U.S. Average: $2.81/g)
- October 28, 2017: $2.58/g (U.S. Average: $2.46/g)
- October 28, 2016: $2.10/g (U.S. Average: $2.21/g)
- October 28, 2015: $2.25/g (U.S. Average: $2.19/g)
- October 28, 2014: $3.03/g (U.S. Average: $3.02/g)
Neighboring areas and their current gas prices:
- Champaign- $3.04/g, down 5.2 cents per gallon from last week’s $3.10/g.
- Indianapolis- $2.89/g, down 15.8 cents per gallon from last week’s $3.05/g.
- Cincinnati- $2.78/g, down 18.7 cents per gallon from last week’s $2.97/g.
“The national average gasoline price has continued declining over the last week as oil prices have sunk due to Israel avoiding attacks on Iran’s oil infrastructure, and seasonal decreases in demand are pushing gasoline lower, as is normal for this time of year. In addition to gasoline prices falling to their lowest level since January, the average price of diesel has now fallen to its lowest level in over three years,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While many Americans may incorrectly credit the upcoming election for the declines, politicians have little influence over the strong seasonal forces that drive prices lower in autumn. With winter gasoline soon to reach the rest of California and demand continuing to decline as Americans grapple with colder weather, the drop in demand is pushing gas prices down—not politicians on either side, as much as they might like to think they do. I expect the decline in gas prices will continue into and beyond the upcoming election.”
GasBuddy is the authoritative voice for gas prices and the only source for station-level data. Its survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, making it the most comprehensive and up-to-date in the country. GasBuddy’s averages, graphs, maps, and historical pricing data covering the U.S. and Canada are available 24/7 at http://prices.GasBuddy.com.
