Indiana Gas Prices Dip After Use-Tax Pause

Overview

• Indiana’s average gasoline price is about $3.92 a gallon, down roughly 13 cents from a week ago after Gov. Mike Braun paused the state use tax.
• Retailers can keep charging the old price on fuel delivered before the order, so many stations will not show the full cut until untaxed shipments arrive.
• The pause covers the 17.2-cent-per-gallon use tax on gasoline through May 8, and it does not change the separate excise tax or any diesel taxes.
• Economists say the cut offers modest, short-term relief because swings in global crude prices drive most of what drivers pay.
• Democrats in Congress proposed suspending the 18.4-cent federal gas tax, and Rep. Marlin Stutzman supported Indiana’s pause but opposed a federal halt over budget concerns.