South Dakota’s average price for a gallon of regular gasoline stands at $2.33 on Jan. 23 and is the lowest since Jan. 9, according to AAA South Dakota.
“Today’s Sioux Falls price average of $2.29 is actually the lowest it’s been since Dec. 28th of last year,” said Marilyn Buskohl, spokeswoman for AAA South Dakota. “Rapid City’s price average of $2.24 is the same as one week ago.”
Current Price Averages per Gallon of Regular Gasoline
Sioux Falls – $2.29, down 4 cents since 1/17/17 … up 69 cents since 1/23/16
Rapid City – $2.24, same as 1/17/17 … up 19 cents since 1/23/16
South Dakota – $2.33, down 2 cents since 1/17/17 … up 49 cents since 1/23/16
U.S. – $2.31, down 6 cents since 1/7/17 … up 47 cents since 1/23/16
The national average price of gas continues to decline as U.S. oil production increases. Today’s average price of $2.31 per gallon represents a decrease of three cents per gallon on the week, four cents per gallon on the month, and prices have moved lower for 14 of the past 15 days. Despite this recent trend lower, retail averages are up by 46 cents per gallon as compared to one year ago.