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SD Weekly Gas Price Update

SD Weekly Gas Price Update

South Dakota gas prices see slight decrease to end November

News Release - December 2, 2019

UNDATED - South Dakota gas prices have fallen 1.8 cents per gallon in the past week, averaging $2.45/g today, according to GasBuddy's daily survey of 628 stations. Gas prices in South Dakota are unchanged versus a month ago, yet stand 2.4 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in South Dakota is priced at $2.34/g today while the most expensive is $2.88/g, a difference of 54.0 cents per gallon. The lowest price in the state today is $2.34/g while the highest is $2.88/g, a difference of 54.0 cents per gallon. The cheapest price in the entire country today stands at $1.71/g while the most expensive is $4.99/g, a difference of $3.28/g.

The national average price of gasoline has fallen 1.6 cents per gallon in the last week, averaging $2.58/g today. The national average is down 1.6 cents per gallon from a month ago, yet stands 14.7 cents per gallon higher than a year ago.

Historical gasoline prices in South Dakota and the national average going back a decade:
December 2, 2018: $2.48/g (U.S. Average: $2.43/g)
December 2, 2017: $2.45/g (U.S. Average: $2.47/g)
December 2, 2016: $2.09/g (U.S. Average: $2.17/g)
December 2, 2015: $2.04/g (U.S. Average: $2.03/g)
December 2, 2014: $2.70/g (U.S. Average: $2.75/g)
December 2, 2013: $3.13/g (U.S. Average: $3.25/g)
December 2, 2012: $3.32/g (U.S. Average: $3.38/g)
December 2, 2011: $3.32/g (U.S. Average: $3.28/g)
December 2, 2010: $2.93/g (U.S. Average: $2.86/g)
December 2, 2009: $2.65/g (U.S. Average: $2.61/g)

Neighboring areas and their current gas prices:
Sioux Falls- $2.45/g, up 2.4 cents per gallon from last week's $2.43/g.
North Dakota- $2.53/g, up 1.6 cents per gallon from last week's $2.51/g.
Nebraska- $2.56/g, up 4.3 cents per gallon from last week's $2.52/g.

"The nation's average gasoline price on Thanksgiving was slightly higher than expected at $2.58 per gallon, with a close to even split with roughly half the nation's states seeing average prices decline in the last week while the other saw upward moves on continued speculation on a possible U.S./China trade deal," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Moving in to December, aside from a possible trade deal that has been elusive for nearly 16 months, gas prices typically trend lower during the month as refiners continue to increase throughput after maintenance season and as overall weather curbs gasoline demand, easing prices. While prices are now notably higher than a year ago, I'd place much of the 'blame' on a strong U.S. economy and continued optimism that some sort of U.S. and China trade tie-up will be wrapped up."

Phone number: 605-347-4455
E-mail: [email protected]
Address: 1612 Junction Avenue, Suite #1
Sturgis, SD 57785