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.
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.
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.
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.
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.
Central Indiana Commuter Services started offering service this month between Franklin and the Defense Finance & Accounting Services facility in Indianapolis.
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.
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.
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.
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.
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.
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
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.
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.
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they’re back on the
road to recovery.
State economic development leaders remain bullish on Indiana’s future as a logistics hub even as two local players have been
forced into bankruptcy and others struggle with high fuel prices.
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
As motorists rush to buy antacid pills with each $4.25-a-gallon fill-up, the same car dealers who got pudgy five years ago selling SUVs with $6,000 profit margins are scrambling to profit from Aveos or anything else with decent mileage.
Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It’s sweet
irony for anyone who’s worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of
transportation that trucks nearly annihilated–the 40 freight railroads crisscrossing the state.