Pump Prices Continue to Decline as U.S. Demand Dips

At $2.92, the national gas price average has dropped four cents since the beginning of June. Today’s average is three cents less than a week ago, six cents more than a month ago and 58 cents more expensive than a year ago. On the week, only eight states saw prices increase while all others dropped by as much as 13 cents or remained stable.

“Gas prices continue to dip across the country, but remain nearly 50-cents more expensive than last summer in every state,” said Marilyn Buskohl, AAA South Dakota spokesperson. “The higher prices seem to be influencing driving habits. While consumer gasoline demand remains strong, it is slowing and not growing.”

South Dakota Average Gas Prices:
Current Avg.
$2.888
Yesterday Avg.
$2.899
Week Ago Avg.
$2.875
Month Ago Avg.
$2.735
Year Ago Avg.
$2.372

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