As per gallon prices rise, SD gas costs rest below United States average


As per gallon prices rise, SD gas costs rest below United States average

Gas prices spiked by 18 cents in Southwest Florida early last week before finally plateauing over the weekend.

The state price has risen 41 cents since this time a year ago, when it was averaging $2.12 per gallon. "As Kansans prepare to travel for Thanksgiving dinner with friends and family, they will need to budget a bit more for gas this year".

The average price for a gallon of regular gas in the Bradenton-Sarasota-Venice market was $2.51, 18 cents higher than the previous week, AAA reported Monday.

Gwinnett County was surrounded by areas that saw two of the highest price increases last week.

Mark Peterson, at AAA-Iowa, says that's bucking the norm as prices are usually relatively stable or falling during mid-autumn.

If you're heading south or east it gets even better.

That's a seven-cent increase over last week.

"Compared to the first half of November previous year, gas prices this November are on average 39 cents more expensive", said Marilyn Buskohl, AAA spokesperson.

AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state. That's caused supply levels to tighten and gas prices to increase. "Fortunately, domestic oil supply and production made solid gains". A couple of stations in the Peachtree Corners and Norcross area sold gas for $2.25 per gallon.

AAA officials blamed much of the spike in oil prices on declining oil rig counts in the US, lower domestic inventories, production cuts and political turmoil in oil-rich Saudi Arabia where the king of that country has indicated he may abdicate the throne.

Typically, gasoline prices are lower in the winter compared to summer.