STATEWIDE — (WTWO/WAWV) For the first time ever, Indiana’s average price for a gallon of gas jumped to $5 overnight.
Some stations in Terre Haute are charging close to $5 for a gallon of gas this morning, however, the average price in Vigo County stands at $4.88.
“A lot of it is because inventories every week are getting smaller, and the market is growing more panicked over the fact that refineries are not able to keep up with demand,” says Patrick De Haan with Gasbuddy.com. “”The concern is that this is going to last for most of the summer. And it could worsen. If we get a major hurricane or any refinery shutdowns. That is the critical infrastructure this summer.”