South Dakota gas prices hold relatively stable over past week

UNDATED – Average gasoline prices in South Dakota have risen 0.8 cents per gallon in the last week, averaging $2.99/g today, according to GasBuddy’s survey of 628 stations in South Dakota. Prices in South Dakota are 36.9 cents per gallon lower than a month ago and stand 16.4 cents per gallon lower than a year ago. The national average price of diesel has fallen 8.6 cents in the last week and stands at $4.68 per gallon.

According to GasBuddy price reports, the cheapest station in South Dakota was priced at $2.64/g yesterday while the most expensive was $3.51/g, a difference of 87.0 cents per gallon. The lowest price in the state yesterday was $2.64/g while the highest was $3.51/g, a difference of 87.0 cents per gallon.

The national average price of gasoline has fallen 4.9 cents per gallon in the last week, averaging $3.05/g today. The national average is down 50.2 cents per gallon from a month ago and stands 20.3 cents per gallon lower 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:
December 26, 2021: $3.15/g (U.S. Average: $3.25/g)
December 26, 2020: $2.19/g (U.S. Average: $2.25/g)
December 26, 2019: $2.45/g (U.S. Average: $2.54/g)
December 26, 2018: $2.27/g (U.S. Average: $2.30/g)
December 26, 2017: $2.39/g (U.S. Average: $2.44/g)
December 26, 2016: $2.20/g (U.S. Average: $2.28/g)
December 26, 2015: $1.92/g (U.S. Average: $2.00/g)
December 26, 2014: $2.20/g (U.S. Average: $2.30/g)
December 26, 2013: $3.08/g (U.S. Average: $3.26/g)
December 26, 2012: $3.17/g (U.S. Average: $3.23/g)

Neighboring areas and their current gas prices:
Sioux Falls- $3.03/g, up 0.9 cents per gallon from last week’s $3.02/g.
North Dakota- $2.89/g, down 6.4 cents per gallon from last week’s $2.96/g.
Nebraska- $2.89/g, down 6.1 cents per gallon from last week’s $2.95/g.

“While the national average declined for the seventh straight week, with oil prices rallying, it remains to be seen if we will manage another week of gasoline price declines. We’re still waiting for the national average to fall below $3 per gallon, something that is suddenly a bit less likely given the extreme cold weather, interrupting refining operations in the south, curbing gasoline production and potentially driving prices up slightly,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While some of the nation’s lowest priced gas stations will probably be forced to raise prices slightly, with some declines still happening in the West Coast, there remains a chance, albeit smaller one, that we could still see the national average fall below $3 per gallon. With the New Year on the doorstep, however, the biggest question motorists have remains what will happen in 2023 – a question GasBuddy’s annual Fuel Outlook will answer later this week.”

People are also reading...

Weather

loader-image
Rapid City, US
3:58 pm, October 14, 2024
temperature icon 73°F
clear sky
Humidity 21 %
Pressure 1014 mb
Wind 5 mph
Wind Gust: 0 mph
Visibility: 10 km
Sunrise: 7:06 am
Sunset: 6:10 pm
Avery Marler

Market News

Share via
Copy link