(Indianapolis, Ind.) - Indiana Attorney General Greg Zoeller says the price spike in gasoline around the state this week is justified.
His office released a statement after investigating the rise in prices to around $4.17 a gallon, saying market factors were behind the rise.
“Since 2003, the Indiana Attorney General's office has monitored prices of gasoline sold at the retail level and compares the pump prices to the local and state averages, trading prices on the futures market and other statistical data. Current research indicates that price movements within Indiana, though drastic, are in line with price fluctuations occurring across the country which are affected by a dynamic global market and complex economic factors,” the statement read.
Zoeller says the stations are not gouging consumers nor are they price-fixing.
The Attorney General's office operates a gas price hotline, 1-866-241-9753, so Hoosier drivers can report pump prices that appear to be higher than average. These reports are tracked and any outlying prices are reviewed by the attorney general’s chief economist.