AAA: Gas prices spike most dramatic in two years - KSFY News - Sioux Falls, SD News, Weather, Sports

AAA: Gas prices spike most dramatic in two years

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Here's a look at some gas prices across the state. Here's a look at some gas prices across the state.

Gas prices have risen 26 cents in South Dakota over the last three weeks, largely due to higher crude oil prices.

The average price per gallon of regular gasoline in South Dakota $3.34, while the national average is $3.53. In South Dakota, citywide average pump prices are highest in Kennebec at $3.68 per gallon and least expensive in Toronto, $2.60.

Nine state have lower gasoline price averages than South Dakota: Wyoming $2.95, Montana $3.04, Utah $3.15, New Mexico $3.18, Colorado $3.20, Idaho $3.26, Arizona $3.30, Tennessee $3.32, and South Carolina $3.32.

AAA notes that the national average is 17 cents more than one week ago, 23 cents more than one month ago and five cents more than last year's price at this time. According to AAA, the 17-cent increase nationwide is the most dramatic one-week spike in nearly two years and the twentieth largest weekly increase of the 21st century.

AAA claims the increases are due to higher crude oil prices. The company expects gas prices to rise in February due to refinery action.

"Gas prices are expected to rise steadily as many refineries temporarily close for scheduled turnaround maintenance and as the industry begins the complicated process of switching over to summer blends of gasoline," AAA South Dakota Spokeswoman Marilyn Buskohl said in a news release. "Various summer-gasoline blends are required in many regions to meet local air quality standards, including here in South Dakota. These fuels cost more to produce and the changeover process can disrupt supplies in the spring."

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