Indiana
Where to find regular gas for less than $5 in Indiana
INDIANAPOLIS (WISH) — Solely 9 Indiana counties on Tuesday nonetheless had the common value of underneath $5 for a gallon of standard, GasBuddy experiences present.
In the meantime, Indiana’s common rose to a document excessive for a seventh consecutive day, hitting $5.24 a gallon as of 9:30 p.m. Tuesday. That value was 5 cents greater than Monday, 48 cents greater than per week in the past, $1.02 cents greater than per week in the past, and $2.18 greater than a yr in the past. Indiana’s common soared above $5 on Monday.
Indiana’s common soared above $5 on Monday, rising 19 cents in a single day.
The WISHTV.com fuel costs map confirmed most stations on Tuesday in Indianapolis with costs at $5.25 a gallon.
Marion County’s common Tuesday for a gallon of standard was $5.25. Of Indiana’s 92 counties, Porter County had the best common, $5.58. Neighboring Lake County had the second-highest common, $5.51, and LaPorte County was third at $5.32.
So, now, these 9 counties nonetheless underneath a $5 common: Clay, DeKalb, Dubois, Greene, Jay, Parke, Randolph, Union and Warrick.
Indiana drivers at the moment pay two fuel taxes: a 7% state gross sales tax and a tax directed to infrastructure tasks. The street tasks tax is about to extend by a penny to 33 cents per gallon in July. Hoosiers additionally pay a federal fuel tax.
The nationwide common at 9:30 p.m. Tuesday was $4.95. That’s 29 cents larger than one week in the past, 64 cents greater than a month in the past and $1.89 greater than a yr in the past.
Specialists say there are numerous causes for prime fuel costs, together with excessive demand, brief provide, and the struggle in Ukraine.
On Tuesday, crude oil futures costs ended larger on the New York Mercantile Alternate. The near-month contract for the benchmark grade rose 91 cents, closing at $119.41 a barrel, The Related Press reported.
Treasury Secretary Janet Yellen stated Tuesday in testimony to a U.S. Senate committee that vitality and gasoline costs can be a lot larger if the Biden administration had made a record-setting launch of oil from the Strategic Petroleum Reserve.
“We’re a part of world oil markets which can be topic to geopolitical influences. Given the worldwide nature of those markets, it’s nearly inconceivable for us to insulate ourselves from shocks like those which can be occurring in Russia that transfer world oil costs,” Yellen stated.
She added that it’s vital that america grow to be “extra depending on the wind and the solar that aren’t topic to geopolitical influences.”
CNN contributed to this report.