Cheapest fuel since 2005 to bring U.S. drivers `Christmas in July’
American drivers are preparing to hit the road this Fourth of July as seasonal gas prices plunge to their lowest in 12 years.
Gas Prices
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45 Indiana taxes, fees increased during legislative session
The increases affect everything from notary services to teacher background checks to fuel prices, such as a 10 cents-per-gallon gasoline tax increase starting July 1.
Gas prices heading up after lengthy reprieve, forecasts say
The 2017 increase likely won't be large. But a range of local companies, from logistics providers to auto auctioneers, will be keeping an eye on the situation.
U.S. gas prices jump 6 cents over two weeks
The hike mostly results from an agreement Nov. 30 by major oil-producing countries to slash output.
CountryMark revenue drops 40 percent as oil prices plunge in last two years
After a six-year run-up for the Indianapolis-based oil refiner that saw its revenue nearly double, the company has eliminated about 25 jobs, 2 percent of its workforce, in recent months.
Sinking gas prices expected to turn up Thanksgiving travel
GasBuddy said the statewide average for regular unleaded gas was $1.80 per gallon Monday morning, the lowest price this year. That’s down 97 cents from last year’s average price.
Fill ‘er up: Gas under $3 per gallon again
Seasonal swings and other factors will likely send gas back over $3 sooner than drivers would like, but the U.S. is on track for the lowest annual average since 2010—and the 2015 average is expected to be lower even still.
Indiana gas prices soar to 50 cents above U.S. average
The website Gasbuddy.com said Indiana's average price of a gallon of unleaded regular gas was nearly $4.16 Wednesday afternoon, compared with the national average of nearly $3.64 a gallon.
Rising gas prices put a crimp in Americans’ spending
The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.
Isaac brings higher gas prices, south and north
As Hurricane Isaac swamps the nation's oil and gas hub along the Gulf Coast, it's delivering sharply higher pump prices to storm-battered residents of Louisiana and Mississippi — and also to unsuspecting drivers up north in Illinois, Indiana and Ohio.
High gas prices leading to lower demand for ethanol
Waning demand for gasoline is putting the United States on course to miss a target for ethanol use for the first time, signaling no let-up in the slide in prices.
Rising gas prices prompt creation of ninth area vanpool route
Central Indiana Commuter Services started offering service this month between Franklin and the Defense Finance & Accounting Services facility in Indianapolis.
Fuel prices wreak havoc on Republic Airways turnaround
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
Compressed natural gas for cars shows signs of catching on
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.
Republic soars as lower fuel costs prompt analyst upgrade
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
Prices at gas pump painful for most Americans
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
Frontier Airlines cuts second-quarter capacity plans
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
Rising pump prices rattle drivers, businesses
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
HAUKE: Oil prices were headed up even before massive spill
That oil spill in the Gulf of Mexico is a nasty event that truly deserves all of our attention.
I want to see the hole capped quickly so the environment doesn’t get beat up any more than it already has, but I have
a feeling the economic and political ramifications will be felt for years to come.
Fund to fuel ethanol use out of gas
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.