STATEWIDE--Gas prices have been going down lately, but GasBuddy is reminding you that trend may change soon.
“We’ve now seen the national average price of gasoline decline every week for the last month, a feat we most likely would not have expected ahead of summer and given the continued turns in Russia’s war on Ukraine. However, the downturn could slow or could even reverse in the days ahead if the rally in oil prices continues,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Oil prices have been going up lately and the European Union is considering placing harsher sanctions on Russia.
“This could further tilt the delicate balance of supply and demand in the wrong way, potentially sending oil prices up significantly if implemented. The path forward at the pump remains murky, however, with many possible outcomes, so motorists should be prepared for a bumpy ride,” said DeHaan.
GasBuddy says the average price for gas across Indiana is $3.92 per gallon. That is up two cents from where it was Monday. The average is $3.84 in Indianapolis, $3.79 in Fort Wayne, and $3.97 in Evansville.
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