South Dakota gas prices see 2.4 cent decrease over past week

Gas Buddy News ReleaseSeptember 19, 2022Business
SD Weekly Gas Price Update

UNDATED – Average gasoline prices in South Dakota have fallen 2.4 cents per gallon in the last week, averaging $3.61/g today, according to GasBuddy’s survey of 628 stations in South Dakota. Prices in South Dakota are 21.6 cents per gallon lower than a month ago and stand 43.4 cents per gallon higher than a year ago. The national average price of diesel has declined 7.0 cents in the last week and stands at $4.93 per gallon.

According to GasBuddy price reports, the cheapest station in South Dakota was priced at $3.27/g yesterday while the most expensive was $4.49/g, a difference of $1.22/g. The lowest price in the state yesterday was $3.27/g while the highest was $4.49/g, a difference of $1.22/g.

The national average price of gasoline has fallen 3.9 cents per gallon in the last week, averaging $3.64/g today. The national average is down 25.7 cents per gallon from a month ago and stands 45.9 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in South Dakota and the national average going back ten years:
September 19, 2021: $3.17/g (U.S. Average: $3.18/g)
September 19, 2020: $2.09/g (U.S. Average: $2.16/g)
September 19, 2019: $2.59/g (U.S. Average: $2.67/g)
September 19, 2018: $2.82/g (U.S. Average: $2.84/g)
September 19, 2017: $2.49/g (U.S. Average: $2.59/g)
September 19, 2016: $2.23/g (U.S. Average: $2.21/g)
September 19, 2015: $2.32/g (U.S. Average: $2.29/g)
September 19, 2014: $3.33/g (U.S. Average: $3.35/g)
September 19, 2013: $3.63/g (U.S. Average: $3.48/g)
September 19, 2012: $3.89/g (U.S. Average: $3.85/g)

Neighboring areas and their current gas prices:
Sioux Falls- $3.64/g, down 1.1 cents per gallon from last week’s $3.65/g.
North Dakota- $3.62/g, down 0.9 cents per gallon from last week’s $3.63/g.
Nebraska- $3.48/g, down 1.5 cents per gallon from last week’s $3.49/g.

“With a 14th consecutive weekly decline, the national average price of gasoline has now surpassed 2018’s record decline, seeing its longest downward streak since 2015,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While some states continue to see gas prices trend higher, the majority have continued to decline. However, this week could change the downward trend. With some issues arising in Plains and Great Lakes states as the transition to winter gasoline begins, I think we have the best potential to see the weekly trend of falling prices snapped. West Coast states also continue to see increases as unexpected refinery issues continue to percolate, preventing a downward move. While gasoline could nudge higher, diesel prices should continue to ease after a much-needed jump in inventories last week.”