Indiana Has Biggest Gas Price Increase in the Country
STATE WIDE--Indiana had one of the biggest gas prices jumps this week in the whole country. The average gas price in the state was $2.49, Monday morning, compared to $2.33 atr this time last week, said Gasbuddy.com.
Gas prices are likely to continue to go up because of the change to the more expensive summer blend of gasoline.
"Forty-nine of the nation's 50 states saw gas prices rise, led by a double-digit increase in Indiana, West Virginia and Ohio," said Patrick DeHaan, head of petroleum analysis for Gasbuddy.
#GasPrices rose in the last week in 49 of the nation's 50 states. The lucky solo state? Florida... but they too will likely face further increases. National average rose ~5c/gal to $2.48, the highest in over 3 months. Listen to the update: https://t.co/I4JdpgOldw
— Patrick DeHaan 📈⛽️ (@GasBuddyGuy) March 11, 2019
"As predicted, gas prices advanced across much of the country for the fourth straight week even as oil prices held relatively stable at $56 per barrel. The reason for the continued disconnect remains similar to weeks past: refinery maintenance is ongoing and eating into supply and production levels, while more expensive, cleaner burning gasoline is now the predominate fuel being produced," said DeHaan.
"This has pushed up wholesale gas prices even as oil remains mostly calm," he said. "Expect rising prices to knock out the 135 remaining stations in the nation priced at $1.99 per gallon of less, while the number of stations over $3 per gallon will likely grow, mainly out West as the pinch at the pump grows in those areas- the first in the nation to fully move to summer gasoline in the next two weeks."
In Ft. Wayne, gas is up 24 cents, to $2.50, on average. In Indianapolis, gas is up about 7 cents, at $2.43. In the Cincinnati area, gas is up about 13 cents, at $2.50, on average.
PHOTO: Chris Davis/Emmis