Give Now

Indianapolis Gas Prices Approach $3/Gal Mark

Senior Petroleum Analyst with Gasbuddy.com Patrick Dehaan said the Midwest is below the average of other areas, mainly due to local supply factors.

Gas fill

Photo: Ian Britton (Flickr)

The cheapest gas, according to Gasbuddy.com, can be found on Indianapolis's west side for $3.10 a gallon.

The recent drop in gas prices is mainly due to economic jitters, according to one expert. Patrick Dehaan, Senior Petroleum Analyst for Gasbuddy.com, said he thinks there will be some areas that will go slightly below $3 a gallon.

“That won‘t happen widespread,” Dehann said. “I think the Indianapolis average will remain about $3.20 to $3.30 here in the next week but you will see some areas that perhaps will dip under that $3 a gallon mark.”

Dehaan said the midwest is below the average of other areas, mainly due to local supply factors.

“The Midwest had been below average for supply but in the most recent week, now supply is starting to build here in the midwest so that‘s certainly good news and could be a contributing factor to why prices now here in the midwest, or at least in Indianapolis, are lower than other areas,” Dehann said.

He said he does expect prices to bounce back in the coming weeks and months but not as drastically as we have seen in the past.

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Transportation Stories

Recent Videos

Find Us on Facebook