Will the average gas price in Indiana be greater than $3.9999 on Friday, August 7th?
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Ṁ1kṀ650Aug 7
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Indiana’s gas tax holiday is set to expire on Thursday 8/6 at 11:59PM which could cause prices to spike. Resolution source will be AAA once it is updated for 8/7.
“For the past several months, Hoosiers have enjoyed some of the lowest gas prices in the country. The relief started in April, when Gov. Mike Braun first suspended the sales tax on gas.
Right now, that's about 25 cents a gallon.
In May, Braun also suspended the state's gas excise tax — another 36 cents per gallon. That brought the total tax break at the pump to 61 cents.
Keep in mind, Hoosiers may not see that exact increase on Friday. A lot will depend on the price of gas.
That, too, comes with uncertainty, given the continued conflict in Iran which could increase oil prices.”
This question is managed and resolved by Manifold.
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