Residents of Dell Rapids have been treated to gas prices under $2.00 a gallon just in time for Christmas holiday travel.  The price for a gallon of unleaded with ethanol has dipped below $2.00 in the past week.  Prices haven’t been under the $2.00 since early December of 2016.

In the Sioux Falls area, gas prices were at a 3-year low of about $1.36 in early 2016.  Prices had steadily climbed since that time, and they reached a 3-year high of near $2.85, which happened in early October this year.  Prices have been dropping since that high point.  Just one month ago, the average in our area was $2.34.

According to GasBuddy.com, the Sioux Falls area is currently lower than the state and national average.  The average in the Sioux Falls market as of December 24th is $2.05.  The average price for a gallon of regular gas in South Dakota is $2.31.  The national average is also at $2.31.

Gas prices have fallen to below $2.00 a gallon in the area for the second time in the past year.  Currently in Dell Rapids, gas prices are $1.879 for a gallon of gas.  The last time gas prices were under $2.00 was December 19th, 2014, and the prices remained that low for only a short period of time.

Prices have steadily dropped throughout the past month.   According to GasBuddy.com, the Sioux Falls area had an average price of $2.31 per gallon a month ago.  The price was $2.05 a week ago.  Currently the average price for a gallon of gas in the Sioux Falls area is $1.85.  The current average is almost a dollar less than a year ago.   At this time last year, the average price was $2.67.

The average price for the state of South Dakota is currently $2.12.  The national average is $2.11 according to GasBuddy.com