Ind. gas prices soar to 50 cents above US average

Published June 5, 2013 8:54pm ET



INDIANAPOLIS (AP) — Indiana’s average gas price soared Wednesday to nearly $4.16 a gallon, putting the state some 50 cents above the national average in a surge one economist blamed on “a perfect storm of refinery outages.”

The website Gasbuddy.com said Indiana’s average price of a gallon of unleaded regular gas was about $4.16 Wednesday afternoon, compared with the national average of about $3.64 a gallon. Indiana’s highest average gas price was set in May 2011, when it reached $4.26 a gallon, the website states.

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