User uShare 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.

68° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Gas Prices Decline As Summer Approaches

May 14, 2012, 5:54 PM by Peggy Moyer

Gas Prices Decline As Summer Approaches

You may have noticed it takes a little less money to fill your gas tank lately.

Gas prices are averaging $3.50 per gallon in Sioux Falls on Monday. That's down about 10 cents from a week ago.

Jay Anderson doesn't stop at the pump very often. He gets around 45 miles per gallon on his bike.

"It's still a little high, but when you ride a bike around, you really don't notice it as much any way," Anderson said.

People say they are happy to hear prices are going down, but would like to see it go a little lower still.

"I think it might go down a couple of cents cheaper, but who knows? It goes down and rises again," Sioux Falls resident Moe Abdi said.

The rumor of $4 gas by summer started last January when analysts say an unexplainable 20 percent price hike happened. Now, two weeks before summer, they say the news is much better.

"I think we're going to continue to see gas prices trend lower. The only way it wouldn't is unless something catastrophic would happen, a hurricane or some Middle East crisis type of thing,” AAA Spokesman Marilyn Buskohl said.

Buskohl says Americans have been driving less this past year, but it's hard to say what exactly is driving prices down.

"I think people are becoming more fuel and energy conscious. I think people are conserving fuel more than they used to be. It's more top of mind than it used to be," Buskohl said.

And lower prices at the pumps mean more money in people's pockets heading into the summer months.

Here in South Dakota, the average price of gas is down 27 cents from a year ago.

Previous Story

Next Story




View business

You may also like

Consumer Warning: Watch Your Bank Account For Small Fraudulent Charges At Walmart

10/12/2015 10:10 PM

If you're not in the habit of regularly checking your bank account, this story should be a wake-up call.  16 states have issued alerts about ...

Full Story | Watch
Mitchell School Board Meets As Superintendent Defends 'Second Job'

10/12/2015 5:02 PM

Questions concerning a million dollar grant could come up at Monday night's school board meeting in Mitchell.

Full Story
Mid Central Takes Action On Finances, Dodges Questions About GEAR UP

10/8/2015 6:05 PM

While Dan Guericke is avoiding all questions about Westerhuis and GEAR UP, he couldn't avoid leading a public meeting of Mid Central Co-op's b...

Full Story | Watch
Windom Beef Plant Closing

10/13/2015 10:18 AM

A beef processing facility in southwest Minnesota is closing.

Full Story
InBev, SABMiller Close To Beer Merger

10/13/2015 8:43 AM

AB InBev has been trying for nearly a month to get its hands on SABMiller but its previous offers have met with resistance.

Full Story