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PERRY COUNTY – Average retail gasoline prices in Indiana have fallen 1.4 cents per gallon in the past week, averaging $3.35 per gallon Sunday. This compares with the national average that has fallen 4.8 cents per gallon in the last week to $3.34 per gallon, according to gasoline price Web site IndianaGasPrices.com.
Including the change in gas prices in Indiana during the past week, prices Monday were 2.3 cents per gallon higher than the same day one year ago and 3.4 cents per gallon lower than a month ago. The national average has decreased 12.2 cents per gallon during the last month and stands 5.5 cents per gallon higher than this day one year ago.
“The national average has continued to see a steady decline over the last week, and that trend will likely continue through this week at the very least,” said GasBuddy. com Senior Petroleum Analyst Patrick DeHaan. “Last week, the Energy Information Administration reported one of the largest single-week increases in gasoline inventories in my recent memory, which will likely contribute downward pressure to whole-sale gasoline prices in the days and perhaps weeks ahead,” DeHaan said.
GasBuddy operates IndianaGasPrices.com and more than 250 similar Web sites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada. In Indiana, Gas-Buddy tracks price changes at 3,271 retail outlets.
In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their areas.