November 23, 2015

Got Low Gas Prices?

WFYI photo by Leigh DeNoon

WFYI photo by Leigh DeNoon

INDIANAPOLIS - Gas prices have hit their lowest point in nearly a year. And Indianapolis has the lowest average per-gallon price anywhere in the country.

According to the survey released yesterday by analyst Trilby Lundberg, the average price in Indianapolis is $1.79, compared to a national average of $2.14 a gallon.

The report says prices may continue to drop through December, citing abundant supplies and higher output at U.S. refineries.

Greg Seiter, a spokesman for AAA Hoosier Motor Club, said gas prices here are influenced by BP’s refinery in northern Indiana.

“Right smack dab in the middle of the Midwest, we are directly affected by the Whiting, Indiana refinery in particular," Seiter said. "When things are going well with that refinery, things tend to go very well for us. When they’re not, we feel the repercussion.” 

Earlier this year, gas prices soared in Indiana after BP was forced to shut down the Whiting plant’s largest distillation unit for repairs in August.

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