Gas in the Tank, Money in the Bank

Heading to South Dakota gave some unreality checks on the price of gasoline. As the price was at about $3.80/gallon a month ago locally when I arrived in Rapid City the price was about $3.20! What a deal! But wait… that was for Regular unleaded grade (85 octane) but Super unleaded (87 octane) was 5-cents cheaper. Premium was a dime higher than regular. Cashiers inside the quickie-marts weren’t able to explain the pricing.

At the time I left South Dakota, Super was selling at $2.99.

There is still a large difference in each of the state’s gas rates. With the assistance of Google, checking those rates, those sales tax rates are 4% in SD and 6% in FL. Gas taxes are $.24 and $.33, respectively. Niether has a state income tax.

Currently those conflicting rates are $3.08 compared to $2.91.

Regardless the reasons for such a discrepancy of prices, the money saved stays in the bank.