How gas prices have changed in South Dakota in the last week

(STACKER) — Gasoline costs, on common, continued to soar previous the $4.50 per gallon mark over the past week and into Monday. Diesel, at $5.55 per gallon, has cooled off by two cents from its report excessive set on Could 18, in keeping with AAA.

Consultants notice that whereas crude oil costs are down from the highs seen in March, gasoline continues to be breaking data on a nationwide and native stage. Whereas these costs tend to maneuver in sync, the present mismatch is due primarily to refining prices—or the crack unfold—being so excessive.

The crack unfold is the distinction between the acquisition value of crude oil and the promoting value of completed merchandise after refining. This added price is absorbed by shoppers. Traditionally, the refining course of added $10.50 to the general price per barrel. Immediately, that crack unfold is over $40 per barrel.

Stacker compiled statistics on gasoline costs in South Dakota utilizing knowledge from AAA. Fuel costs are as of June 13. Least expensive gasoline stations are from GasBuddy. The state gasoline tax knowledge is from World Inhabitants Evaluate. Connecticut and Georgia have briefly suspended gasoline taxes to assist shoppers whereas the price of gasoline has elevated.

South Dakota by the numbers
– Fuel present value: $4.72
– Week change: +$0.18 (+3.9%)
– 12 months change: +$1.79 (+60.9%)
– Fuel tax: $0.30 per gallon (#22 highest amongst all states)
– Historic costly gasoline value: $4.72 (6/11/22)

– Diesel present value: $5.34
– Week change: +$0.09 (+1.7%)
– 12 months change: +$2.22 (+71.0%)
– Historic costly diesel value: $5.39 (5/9/22)

Least expensive gasoline stations
#1. Sam’s Membership: $4.34 (3205 S Louise Ave, Sioux Falls)
#2. Gus Cease: $4.34 (US-83, White River)
#3. Costco: $4.34 (3700 S Grange Ave, Sioux Falls)

Metros with most costly gasoline in South Dakota
#1. North Sioux Metropolis: $4.77
#2. Speedy Metropolis: $4.73
#3. Sioux Falls: $4.67

States with the most costly gasoline
#1. California: $6.44
#2. Nevada: $5.66
#3. Alaska: $5.57

States with the least costly gasoline
#1. Georgia: $4.48
#2. Mississippi: $4.52
#3. Arkansas: $4.54

States with the very best gasoline tax per gallon
#1. Pennsylvania: $0.59
#2. California: $0.53
#3. Washington: $0.52

States with the bottom gasoline tax per gallon
#1. Alaska: $0.0895
#2. Hawaii: $0.16
#3. Virginia: $0.162