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AAA Hoosier Motor Club Gas Gauge
(Apr. 23, 2008)


National Unleaded Retail Gas Price Averages

 

Regular

Mid

Premium

Diesel

E85

**E85 MPG/BTU adjusted price

Current Avg.

$3.533

$3.752

$3.887

$4.214

$2.909

$3.828

Yesterday Avg.

$3.511

$3.729

$3.863

$4.204

$2.907

$3.825

Month Ago Avg.

$3.260

$3.462

$3.587

$4.029

$2.672

$3.517

Year Ago Avg.

$2.856

$3.032

$3.142

$2.922

NA

NA

*Prices are in US dollars per gallon

**The BTU-adjusted price of E-85 is the nationwide average price of E-85 adjusted to reflect the lower energy content as expressed in British Thermal Units - and hence miles per gallon - available in a gallon of E-85 as compared to the same volume of conventional gasoline. The BTU-adjusted price calculated by OPIS and AAA is not an actual retail average price paid by consumers. It is calculated and displayed as part of AAA's Fuel Gauge Report because according to the Energy Information Administration E-85 delivers approximately 25 percent fewer BTUs by volume than conventional gasoline. Because "flexible fuel" vehicles can operate on conventional fuel and E-85,the BTU-adjusted price of E-85 is essential to understanding the cost implications of each fuel choice for consumers.

Highest Recorded Price:

Regular Unl.

$3.533

4/23/2008

DSL.

$4.214

4/23/2008

 

Indiana's Unleaded Retail Gas Price Averages

 

Regular

Mid

Premium

Diesel

Current Avg.

$3.552

$3.821

$3.929

$4.208

Yesterday Avg.

$3.475

$3.738

$3.843

$4.195

Month Ago Avg.

$3.225

$3.469

$3.567

$4.077

Year Ago Avg.

$2.789

$3.001

$3.086

$2.873

Highest Recorded Price:

Regular Unl.

$3.552

4/23/2008

DSL.

$4.208

4/23/2008

 

Retail Gasoline Price Averages (Indiana Metro)
Updated average prices for unleaded retail gasoline in some Indiana metro areas can be found online through AAA’s Daily Fuel Gauge Report site:
View Indiana Metro Areas


Retail Gasoline Price Averages (State-by-State)
Updated state-by-state unleaded retail gasoline price averages can be found online through AAA’s Daily Fuel Gauge Report site:
View State-by-State Averages

 

Market Overview
Indiana officially established a new all-time record high average for self-serve regular gasoline this morning ($3.552). Nationally, new record-high averages have been re-established on almost a daily basis for a couple of weeks now.

In recognition of yesterday’s Earth Day celebration (Apr. 22), it’s interesting to note how our nation’s automotive trends and fuel consumption have changed since the first Earth Day in 1970. Earth Day was initially introduced as a means by which to raise global consciousness about the need to protect and conserve our natural resources.

In 1970, nationwide gas prices averaged approximately .30 per gallon and the price of crude oil was near $13 per barrel.

Today, the nationwide gas price average is $3.533 per gallon and crude is trading in the vicinity of $118 per barrel.

There were 98 million motor vehicles on America’s roadways in 1970 as compared to the estimated 231 million registered vehicles today.

Additionally, in 1970, Americans were estimated to travel 1.1 trillion miles annually. Now, it’s believed they log over 3 trillion miles each year in their cars and trucks.


AAA’s Daily Fuel Gauge Report
Current gas price averages can always be found on AAA’s Daily Fuel Gauge Report at www.fuelgaugereport.com. The report is based on data from Oil Price Information Service, the nation’s most comprehensive source of petroleum pricing information. AAA purchases the data and makes it available free on the Internet as a public service. Average daily prices for the nation, all 50 states and more than 250 localities are available for all grades of gasoline, making the site the most current and complete public source of fuel price information.


AAA’s Fuel Cost Calculator
In order to help Americans establish travel budgets while making vacation plans, AAA and Oil Price Information Service have combined to offer an online tool that will help travelers estimate the cost of gasoline they will use during long-distance driving vacations. The site can be found at www.fuelcostcalculator.com.


Indiana’s Gas Gouging Hotline
The Indiana attorney general established a gas gouging hotline early in 2004 for people who feel that local gas stations are charging unfair prices. That telephone number is (866) 241-9753.

 

15 Ways to Stretch a Tank of Gas

One of the primary benefits of keeping a car properly maintained is maximizing fuel mileage. According to recent statistics, a neglected car can increase fuel consumption by 10 to 20 percent. Of course, individual driving habits also make a difference. The U.S. Department of Energy reports that practicing fuel efficient driving techniques can improve fuel mileage by more than 10 percent.

  • Be sure your tires are properly inflated. Under inflated tires can cause fuel consumption to increase by 6 percent. Check your tires with a gauge regularly. Radial tires can be under inflated and still look normal.
  • Keep your suspension and steering in proper alignment and make sure your brakes are properly adjusted to minimize rolling resistance.
  • Change your motor oil as recommended by the vehicle manufacturer.
  • Check and replace air filters. Clogged filters can cause up to a 10 percent increase in fuel consumption.
  • Follow the recommended engine maintenance schedule in your owner’s manual to ensure optimal engine performance and to conserve fuel.
  • Don't use premium fuel if your car doesn’t require it. The expense is not necessary.
  • Observe the speed limit. As you drive faster, aerodynamic drag increases. As a result, at speeds above 55 mph, fuel economy decreases rapidly.
  • Use your overdrive gears during highway driving. This decreases your car’s engine speed, reducing fuel consumption and engine wear.
  • Take advantage of cruise control features to help you maintain a constant speed when traveling on highways.
  • Avoid hard acceleration and drive defensively; try to brake and accelerate smoothly.
  • Idling unnecessarily wastes fuel.
  • Run errands with a plan. Try to make one trip instead of three.
  • Take a load off your wheels. A vehicle weighed down with heavy items can increase fuel consumption by 1 or 2 percent.
  • Travel light. A loaded roof rack can decrease fuel economy by 5 percent.
  • If possible, take advantage of carpools or ride-share programs.

AAA

 

AAA Hoosier Motor Club is a fully tax-paying, not-for-profit corporation offering a wide range of member services. The 405,000-member affiliate of the American Automobile Association (AAA) works for the improvement of motoring and traveling conditions in the state of Indiana. AAA is the largest motoring and traveling organization in the world with more than 50 million members.

 

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