Are Gas Prices About to Drop in South Dakota?

Gas has been hovering right around $3 a gallon for quite a while. Are we about to get a drop in prices? Maybe.

According to AAA, the average price for a gallon of regular unleaded gasoline in South Dakota is $3.16. That's virtually the same as a week ago and six cents higher than one month ago. But some relief on your fuel bill may be in sight soon.

“Crude oil prices saw not only a dramatic drop on the week, but the price per barrel is at the cheapest in three months,” said Marilyn Buskohl, AAA spokesperson in a press release. “If this downward trend continues and less expensive prices are sustained, Americans can expect to see relief at the pump in the near future.”

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The average price in Sioux Falls is considerably less. In the state's largest city gas costs $2.99. That's about a penny more than a week ago and is relatively unchanged since this time in July.

Out west prices are much different. The average price in Rapid City is $3.53 per gallon, about half a penny less than a week ago. But that price is over a quarter more than a month ago when the price was just $3.27.

The most expensive fuel in the state is also West River. Meade County has the highest average price at $3.61 per gallon. The cheapest place in the state is Hanson County. Gas there is averaging $2.86 per gallon.

The cheapest gas in Sioux Falls, as is often the case, is at Costco for $2.77 per gallon, as of this writing.