Missoula, MT (KGVO-AM News) - Montana gas prices are on the rise again. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers.  

“Average gasoline prices in Montana have risen 43.4 cents per gallon in the last week, averaging $4.34 per gallon today,” De Haan said. “Prices in Montana are 56.5 cents per gallon higher than a month ago and stand $1.18 per gallon higher than a year ago."             

As of Monday morning, most stations in Missoula are charging $4.39, which is about a 40-50 cents increase from week. According to GasBuddy price reports, the cheapest station in Montana was priced at $3.64 per gallon yesterday, while the most expensive was $4.99 per gallon.                   

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Montana is currently ranked 27th in the U.S. when it comes to the average price of gas, which is three spots higher than last week.                 

"The national average price of gasoline has risen 38.2 cents per gallon in the last week, averaging $4.42 per gallon today,” De Haan said. “The national average is up 32.6 cents per gallon from a month ago and stands $1.31 per gallon higher than a year ago. The national average price of diesel has increased 21.3 cents compared to a week ago and stands at $5.62 per gallon.”       

READ MOREMontana Gas Prices Rise Again After Week Of Stability

According to De Haan, gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes. 

“At the same time, diesel prices surged to new records in parts of the region, with some areas touching the $6-per-gallon mark,” De Haan said. “While refinery outages were a key driver behind those outsized increases, early signs of improvement could help ease some of the most extreme price pressures in the Great Lakes in the days ahead. Beyond the region, markets are also digesting a wave of new developments— including OPEC+ raising production for June and President Trump outlining a plan to free stranded ships— which could help restore some supply.” 

However, with so many moving pieces, De Haan said the outlook remains highly fluid, and while some localized relief may emerge, broader price volatility is likely to persist in the near term. 

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

 

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