What’s Causing Gas Prices to Soar in Sioux Falls Right Now?
If you're wondering what's up in the Sioux Empire? I tell you what's up, gas prices, and they are WAY UP!
If you've pulled up to a gas pump over the past 48 to 72 hours, I'm guessing you left in a state of shock!
On Friday after work, I needed to get some gas, so I pulled into a gas station close to work to top off my tank. I wasn't really paying attention until the damage was done. When I looked at the final tally I almost passed out at the pump. Somehow, the price of unleaded gasoline had gone from $3.69 to $4.09 a gallon overnight.
You better have an EMT crew on standby if your car requires premium! That's 6 cents shy of $5.00 a gallon right now at most places in the Sioux Falls area.
I've seen some significant spikes before, but .40 cents a gallon in a 24-hour period! WTF!!
I had heard some rumblings that gas prices might be going up, but this latest spike is beyond ridiculous. And what's even scarier, word has it, fuel prices are supposed to keep climbing until the switch is made to cheaper winter gasoline later this month.
According to the gang at GasBuddy, here in the Corn Belt states of South Dakota, North Dakota, Minnesota, Nebraska, Missouri, Oklahoma, and Kansas, we can expect to see gas prices increase anywhere from 50 cents to a dollar over the next several days.
What's powering our latest pain at the pump?
Supposedly the latest increase can be attributed to a refinery outage. Details beyond that are a little vague. Go figure.
In theory, until the switch is made to winter gasoline sometime after September 16th, the folks with GasBuddy say we should prepare ourselves for continued spikes at the gas pump.
The good news, if there is some, this recent gas hike is supposed to be relatively short-lived.
Let's hope the so-called experts are right on this one.