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Gas City, Indiana. Gas City is a city in Grant County, Indiana, along the Mississinewa River. The population was 5,965 at the 2010 census.
Gas City, as the name would imply, owed its start and existence to the seemingly inexhaustible supply of natural gas. Gas City was in the center of the gas fields. The pressure was from 300 to 350 pounds to the square inch, and there seemed to be an unlimited supply, so it was used lavishly. The founders of Gas City saw possibilities in this location of a town of 25,000 people. They leased all the gas under thousands of acres of land and bought about 1,200 acres of land and laid out the central portion of it as Gas City.