How gas prices have changed in Sioux Falls in the last week

Gas prices continued their descent nationwide heading into November, having fallen every month since July when they peaked at $3.50 on average.

Record oil production in the U.S. and a hurricane season that has thus far spared oil and gas infrastructure have all contributed to today's gas prices, which are at three-year lows.

Gas station locating service GasBuddy found that half of states now have average gas prices below $3, based on price data from more than 150,000 retail locations.

"While much of the attention this week will be on the election and how it could potentially change the trajectory of the nation, gasoline prices are likely to be a gift to the next president, staying much lower than in previous years when COVID and Russia's war on Ukraine caused a surge that's unlikely to repeat, no matter who wins the election," GasBuddy analyst Patrick De Haan said in a statement Monday.

Stacker compiled statistics on gas prices in Sioux Falls, SD metro area using data from AAA. Gas prices are current as of November 4.

Sioux Falls by the numbers
- Gas current price: $2.70
--- South Dakota average: $2.96
- Week change: -$0.08 (-3.0%)
- Year change: -$0.57 (-17.4%)
- Historical expensive gas price: $4.70 (6/17/22)

- Diesel current price: $3.02
- Week change: -$0.04 (-1.3%)
- Year change: -$1.43 (-32.2%)
- Historical expensive diesel price: $5.42 (5/9/22)

Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.21
#2. Santa Cruz-Watsonville, CA: $4.82
#3. Salinas, CA: $4.81

Metros with the least expensive gas
#1. Brownsville-Harlingen, TX: $2.45
#2. McAllen-Edinburg-Mission, TX: $2.45
#3. Laredo, TX: $2.48

This story features writing by Dom DiFurio and is part of a series utilizing data automation across 371 metros.