Gas prices spike in Indianapolis metro area

(WISH Photo)
(WISH Photo)

INDIANAPOLIS (WISH) — Prices at several gas stations in the Indianapolis metro area shot up to $3.99 a gallon overnight, and even experts are stumped as to why.

The BP/Ricker’s at 38th Street and Fall Creek Parkway is one location at $3.99; others include the Marathon at Michigan Street and Belmont Avenue and Speedway at Kentucky & West Streets.

Right now, shows the average price for a gallon of regular gas in Indianapolis is $3.89 and increasing. Nationwide it’s $3.63.

A month ago, Indy’s average price per gallon was $3.70.

And a year ago, when prices were considered high, a gallon cost $3.87.

“Right now, we’re in kind of a limbo,” GasBuddy Senior Petroleum Analyst Patrick DeHaan said. “Prices nationally may actually inch up for the next week or two. Then by the beginning of June, perhaps into mid-June, we should see more relief arriving.”

An inch up now was expected, but this jump to $3.99 even has GasBuddy stumped.

A post on its web site reads: “We’re caught off guard by a (unexplainable) price hike in Indianapolis. Prices at some stations are jumping to $3.99 (complete surprise to us, and we watch numbers daily).”

For its part, AAA blamed gas hikes earlier this spring on refinery maintenance that creates lower gas supplies.

There’s no word yet on the cause this time around.

Experts say short lived relief may come in the weeks ahead, but others are calling for another jump in August.

Click here to check current local gas prices. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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