“With Respect to ‘GasBuddy predicts $4.25 price will go higher GOP says it won’t suspend Indiana gas tax’, the position outlined by Ryan Mishler does not reflect how many Republican voters feel, and is an abhorrent position to take on the issue of the Gas Tax. So, it all equals out in the end.” Statement You have to weigh the ups and downs when you do the formula. “So when we did it, we did it at a time when gas prices were very high, and so we had more coming in, nd now they’ve dipped and we have less coming in. “I think we have a highway funding plan that took into account that gas prices would be volatile and would increase, and so our funding plan going forward is dependent on that small portion of the gas tax.” Tim Brown, a Republican from Crawfordsville, spoke specifically on Indiana’s gas tax, which goes toward transportation needs. Mishler said about the rising gas prices, “They should have thought of that before they did the pipeline decision,” and then laughed. Ryan Mishler, a Republican from Bremen, cited President Joe Biden’s decision in January 2021 to cancel the Keystone XL pipeline, which had been proposed in 2008 to bring oil from Canada’s Western tar sands to U.S. Patrick De Haan, an oil and refined products analyst with GasBuddy, said Monday, “The problem is that global consumption is nearly at 100 million barrels a day, and the problem is that Russia is a significant producer of about 10 million barrels a day of oil production, and, suddenly with the loss of Russian oil, the balance has been significantly tipped in a way we’ve never fully seen before.”Īt the Indiana Statehouse on Monday, lawmakers said they do not support suspending Indiana’s fuel tax right now due to high prices.
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Hoosier drivers can expect to see the cost rise more. If gas prices get up to $5, we are going to have no other choice but to walk.” That’s ridiculous.”Ĭurtis Humphry, who also visited a gas pump Monday, said, “Overpriced, way too high. “The more you go across town, the higher it gets. Motorist Deiatra Reed told News 8 about her search for a good price. GasBuddy reports that prices are up 49 cents since last week, 67 cents since last month and 131 cents since a year ago. US gasoline prices rise again on talk of banning Russian oil.Meanwhile, Indiana lawmakers said Monday they are not likely to consider lowering the state gas tax of 32 cents a gallon. As of Monday afternoon, Indiana’s average was $4.03. Many stations’ signs listed the price for a gallon of regular at $4.25 late Monday afternoon. INDIANAPOLIS (WISH) - For the first time since the Russia-Ukraine crisis, GasBuddy reports the average price of regular unleaded gasoline has topped $4 in Indiana.