Gas prices drop below $3 per gallon in central Indiana
If you're heading out for the Fourth of July, there's good news at the gas pump. But you may want to hustle.
Deals at the gas station are always dependent on where you fill up. Every pump was busy at the BP on 21st and Post with gas under $3 per gallon. If you're planning to head out for the holiday, you'd better hurry up and stop at the gas pump first.
"Gas prices make no sense to me!" lamented Caryn Burton, Greenfield.
Burton doesn't understand why gas at the BP on Post road and 21st was below $3 Tuesday, but she's not complaining.
"To drop this low right before the holiday. Yes, it's confusing but I'm not going to look a gift horse in the mouth," she said.
The national price of gas has dropped to $3.49 per gallon, according to Gas Buddy. There's even better news for Indiana drivers, with the average price at $3.38. That's a 60-cent drop from a month ago.
When we hit the road, we found prices close to the average in Carmel at 96th Street. But most stations in Indianapolis displayed cheaper prices. Just five miles west off Michigan Road, a gallon of unleaded cost $3.24. We found the biggest break on the east side of Indianapolis with gas below $3 per gallon.
"Under $3 is nuts! I went through Gas City and it was 3.45. It's crazy how it changes," said Matt Reinhard, Fort Wayne.
"It's hard to explain dramatic increases in gas prices from one period to the next. We know transportation costs, supply and demand are involved," said Greg Seiter, AAA Hoosier Motor Club.
Seiter says one reason Indiana drivers are finally getting a break at the pump is because production is back up to speed at the oil refinery in Whiting in the northwest part of the state.
But with the holiday traveling season officially kicking off Wednesday, prices will be up again, soon
"When we look at a typical holiday period, we anticipate an increase due to short term dramatic increase in overall demand. Increases are no more than 10-15 cents," said Seiter.
"Take advantage of it now. Get gas while its cheap and try to make it last!" advised Burton.
AAA projects just under 41 million Americans will journey 50 miles or more from home during the Independence Day holiday, while more than last year will fly for their holiday getaway. Around 85 percent of those traveling this week will do so on the roads.