South Dakota gas prices end Thanksgiving holiday by dropping 5.6 cents

GasBuddy ReleaseNovember 29, 2021Business
SD Weekly Gas Price Update

UNDATED – South Dakota gas prices have fallen 5.6 cents per gallon in the past week, averaging $3.24/g today, according to GasBuddy’s daily survey of 628 stations in South Dakota. Gas prices in South Dakota are 6.0 cents per gallon lower than a month ago and stand $1.18/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in South Dakota is priced at $2.89/g today while the most expensive is $3.89/g, a difference of 100.0 cents per gallon. The lowest price in the state today is $2.89/g while the highest is $3.89/g, a difference of 100.0 cents per gallon.

The national average price of gasoline has fallen 3.4 cents per gallon in the last week, averaging $3.37/g today. The national average is down 1.4 cents per gallon from a month ago and stands $1.26/g higher than a year ago.

Historical gasoline prices in South Dakota and the national average going back five years:
November 29, 2020: $2.06/g (U.S. Average: $2.11/g)
November 29, 2019: $2.45/g (U.S. Average: $2.59/g)
November 29, 2018: $2.53/g (U.S. Average: $2.48/g)
November 29, 2017: $2.47/g (U.S. Average: $2.49/g)
November 29, 2016: $2.08/g (U.S. Average: $2.15/g)

Neighboring areas and their current gas prices:
Sioux Falls- $3.21/g, down 2.1 cents per gallon from last week’s $3.23/g.
North Dakota- $3.15/g, down 3.3 cents per gallon from last week’s $3.18/g.
Nebraska- $3.19/g, up 2.4 cents per gallon from last week’s $3.17/g.

“Gas price declines are slowly picking up momentum. With oil’s recent fall and the jury out on a new Covid variant, Omicron, we could be in store for lower prices based on many countries turning back to travel restrictions, limiting oil demand and potentially accelerating the drop in gas prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “There remains a very high level of uncertainty ahead of us as OPEC has also delayed its meetings to await more market movements and information on Omicron. But so far, Americans can expect the new variant to push gas prices even lower. Beyond the next few weeks, it remains nearly impossible to predict where oil and gas prices will head, though turbulence is guaranteed.”