Missoula, MT (KGVO-AM News) - Average gas prices in Montana have increased in 25 out of 45 weeks, but have dropped eight weeks in a row. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers.   

“Average gasoline prices in Montana have fallen 0.6 cents per gallon in the last week, averaging $2.99 per gallon today,” De Haan said. “Prices in Montana are 7.2 cents per gallon lower than a month ago and stand 5.3 cents per gallon lower than a year ago.”         

As of Monday morning, most stations in Missoula had their prices set to $2.99 per gallon.   

Newstalk KGVO 1290 AM & 98.3 FM logo
Get our free mobile app

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.71 per gallon yesterday, while the most expensive was $3.54 per gallon.          

Montana is currently ranked 24th in the U.S. when it comes to the average price of gas, which is eight spots lower than last week.                

"The national average price of gasoline has risen 4.8 cents per gallon in the last week, averaging $3.03 per gallon today,” De Haan said. “The national average is down 4.0 cents per gallon from a month ago and stands 0.8 cents per gallon higher than a year ago. The national average price of diesel has increased 6.5 cents compared to a week ago and stands at $3.73 per gallon.”          

READ MORE: Montana Gas Prices Drop Seven Weeks in a Row

De Haan said the national average price of gasoline edged higher last week, with the vast majority of states seeing prices climb. 

“Refinery issues in the Great Lakes and West Coast have kept prices elevated, and gasoline inventory data from the government showed another large weekly drop in supplies, which has temporarily propped up prices,” De Haan said. “With thousands of flight cancellations ahead of Thanksgiving due to the FAA flight cuts, there could be slight shifts in gasoline demand, which may limit any near-term declines.” 

LOOK: See how much gasoline cost the year you started driving

To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics (released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.

Gallery Credit: Sophia Crisafulli

 

More From Newstalk KGVO 1290 AM & 98.3 FM