South Dakota’s gas price average has stabilized at $2.36 per gallon which is the same as last week and one month ago. Although we’re 18 cents over last year, the highest 2017 gas price average in the state has been $2.40 on April 13.
Today’s national average price for regular unleaded gasoline is $2.35 per gallon, which is four cents less than one week and one month ago, and 14 cents more than the same date last year. “AAA says the trending decline is due to an unseasonable glut of gasoline in the U.S. market, record high refinery production rates, moderate demand and a recent drop in crude oil prices,” said Marilyn Buskohl, spokeswoman for AAA South Dakota.
Last week according to GasPrices.AAA.com, 46 states saw prices drop – some by at least 9 cents – with prices remaining steady in other parts of the country.
Current Price Averages per Gallon of Regular Gasoline
Sioux Falls – $2.24, down 3 cents from one month ago … up 18 cents since 5/8/16
Rapid City – $2.42, up 3 cents from one month ago … up 23 cents since 5/8/16
South Dakota – $2.36, same as one month ago … up 18 cents since 5/8/16
U.S. – $2.35, down 4 cents from one month ago … up 14 cents since 5/8/16
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