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Weekly Gas Price Update

Weekly Gas Price Update

South Dakota gas prices hold steady over past week


Gas Buddy News Release - August 17, 2020

UNDATED - South Dakota gas prices are unchanged in the past week, averaging $2.11/g today, according to GasBuddy's daily survey of 628 stations. Gas prices in South Dakota are 0.9 cents per gallon lower than a month ago and stand 55.1 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in South Dakota is priced at $1.87/g today while the most expensive is $2.59/g, a difference of 72.0 cents per gallon. The lowest price in the state today is $1.87/g while the highest is $2.59/g, a difference of 72.0 cents per gallon.

The national average price of gasoline has fallen 1.2 cents per gallon in the last week, averaging $2.16/g today. The national average is down 3.9 cents per gallon from a month ago and stands 45.2 cents per gallon lower than a year ago.

Historical gasoline prices in South Dakota and the national average going back ten years:
August 17, 2019: $2.66/g (U.S. Average: $2.61/g)
August 17, 2018: $2.86/g (U.S. Average: $2.84/g)
August 17, 2017: $2.33/g (U.S. Average: $2.33/g)
August 17, 2016: $2.23/g (U.S. Average: $2.13/g)
August 17, 2015: $2.68/g (U.S. Average: $2.68/g)
August 17, 2014: $3.44/g (U.S. Average: $3.45/g)
August 17, 2013: $3.62/g (U.S. Average: $3.53/g)
August 17, 2012: $3.74/g (U.S. Average: $3.72/g)
August 17, 2011: $3.59/g (U.S. Average: $3.58/g)
August 17, 2010: $2.80/g (U.S. Average: $2.72/g)

Neighboring areas and their current gas prices:
Sioux Falls- $2.11/g, down 0.8 cents per gallon from last week's $2.12/g.
North Dakota- $2.07/g, up 0.5 cents per gallon from last week's $2.07/g.
Nebraska- $2.09/g, down 1.1 cents per gallon from last week's $2.10/g.

"For the seventh straight week and now some 53 days, the national average price of gasoline has stayed in a range of less than a nickel, an incredible feat for the summer driving season, and a level of summer stability we haven't seen in decades," said Patrick De Haan, head of petroleum analysis for GasBuddy. "However, with new data from the Pay with GasBuddy payments card showing weekly demand last week rose to a fresh coronavirus high, we may see some upside in oil prices propelled by the good news that demand is solidly moving higher again. Should demand continue to rebound, its only natural that with less oil on global markets, prices are likely to drift to the upside if the situation continues to improve. "



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