User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Gas Prices Expected To Go Up In 2012

January 8, 2012, 9:25 PM by Jon Berg

Gas Prices Expected To Go Up In 2012
SIOUX FALLS, SD - Prices at South Dakota gas stations are hovering around $3.20 for a gallon of unleaded.

But it wasn't too long ago that some blends dipped below $3 a gallon.

"I didn't expect it to ever go down that low again, I always thought it'd be up by four dollars by now," driver Lindsey Gibbons said.

Even with the recent increase, South Dakotans are still paying a dime less than drivers in other states.

"The national average is starting to creep back up, and here in South Dakota we've held fairly steady but crude is now over $100 per barrel again and what we're seeing is prices at the pump at least nationwide starting to track a little more closely with those crude prices," Mark Madeja with AAA said.

Typically after the new year gas prices go up, but we've seen prices stay pretty stable the past few months, but those prices are expected to go up.

Prices are already 20 cents higher than a year ago. If the trend continues, we're on track for another record year.

"We paid more in 2011 for gasoline than we have in any other year on record, obviously consumers aren't happy about that," Madeja said.

But most drivers will pay the price.

"I'm not that responsible with my driving and spending at the same time, I'm gonna drive and I'm going to spend the money and if I go broke it's gonna affect other areas, the economy, going shopping, going to stores," driver Phillip Vetter said.

So for now drivers will have to fill their wallets, in case the price goes up to fill their tank.

Previous Story

Next Story


Comments







Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story
Sioux Falls Named Third Most Livable City For People Over 50

5/21/2015 2:30 PM

AARP cites Sioux Falls' 25-mile walking and biking trail that loops the entire city, offering views of the historic core, as one of the reaso...

Full Story


Events