Updated
Updated · WTHR · May 1
Indiana gas prices jump 84 cents amid global oil supply concerns
Updated
Updated · WTHR · May 1

Indiana gas prices jump 84 cents amid global oil supply concerns

7 articles · Updated · WTHR · May 1
  • Some Indianapolis stations rose from about $4.79 to $4.99 a gallon on 29 April, while GasBuddy's Patrick De Haan said Indiana posted the biggest weekly increase nationwide.
  • AAA said the US average reached about $4.229, up nearly 21 cents in a week and the highest in almost four years, as Strait of Hormuz instability keeps oil markets under pressure.
  • Diesel held near $5.464 nationally, sustaining transport and supply-chain costs, while experts said further price swings depend on geopolitical developments; the US gasoline record remains just above $5, set in June 2022.
With strategic oil reserves at a 40-year low, is America prepared for the next global energy shock?
Beyond the gas pump, how will a distant conflict now threaten the price and availability of your groceries?