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AAA Hoosier Motor Club Gas Gauge
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Regular |
Mid |
Premium |
Diesel |
E85 |
**E85 MPG/BTU adjusted price |
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Current Avg. |
$3.944 |
$4.188 |
$4.339 |
$4.778 |
$3.317 |
$4.365 |
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Yesterday Avg. |
$3.937 |
$4.181 |
$4.331 |
$4.768 |
$3.308 |
$4.353 |
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Month Ago Avg. |
$3.603 |
$3.827 |
$3.964 |
$4.243 |
$3.044 |
$4.006 |
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Year Ago Avg. |
$3.201 |
$3.399 |
$3.522 |
$2.911 |
NA |
NA |
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*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:
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Indiana’s Unleaded Retail Gas Price Averages
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Regular |
Mid |
Premium |
Diesel |
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Current Avg. |
$4.002 |
$4.305 |
$4.426 |
$4.832 |
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Yesterday Avg. |
$4.003 |
$4.307 |
$4.428 |
$4.837 |
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Month Ago Avg. |
$3.618 |
$3.893 |
$4.003 |
$4.225 |
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Year Ago Avg. |
$3.453 |
$3.714 |
$3.819 |
$2.851 |
Highest Recorded Price:
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Regular Unl. |
$4.009 |
5/25/2008 |
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DSL. |
$4.837 |
5/27/2008 |
Retail Gas 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. Please click on
View Indiana Metro Areas.
Retail Gas 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. Please click on
View State-by-State Averages.
Market Overview
Nationwide gas price
averages have increased almost 14 cents in the last week and
the price of crude oil appears to remain the primary
culprit.
Oil reached $133 per barrel in electronic, overseas trading Monday before dropping back below the $130 mark early yesterday.
Crude ended the day Tuesday at $128.31 on the futures market.
If gas prices continue to increase over the next few weeks, industry experts believe the demand for gasoline will continue to erode as the summer wears on. If that scenario plays out, in theory, U.S. prices should stabilize as gas and oil inventories continue to grow.
It’s impossible to know, however, when and where that stabilization could come, based on the numerous variables that play into the pricing equation for both crude oil and gasoline.
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.
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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