Hoosier gas prices plunge: State average hits $2.76/g, drops below national rate

INDIANA — Gasoline prices in Indiana have continued their steady decline, falling 12.5 cents per gallon in the last week to an average of $2.76/g today, according to a GasBuddy survey of 3,271 stations in the state. This substantial drop places Indiana’s average price 27.9 cents per gallon lower than it was a year ago.

The state’s average is now significantly cheaper than the national average, which has fallen 8.5 cents per gallon in the last week to $2.95/g.

Indiana’s gas prices are now 13.9 cents per gallon lower than they were a month ago. The price gap between the cheapest and most expensive stations in the state remains wide, with prices yesterday ranging from a low of $2.29/g to a high of $3.29/g, a difference of exactly $1.00.

Neighboring cities are also seeing significant price