Montana Gas Prices Rise Again: What You Need to Know

Missoula, MT (KGVO-AM News) - To start 2025, average gas prices in Montana have increased in 14 out of 17 weeks. This week, prices have risen 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 2.2 cents per gallon in the last week, averaging $3.15 per gallon today,” De Haan said. “Prices in Montana are .3 cents per gallon lower than a month ago and stand 37 cents per gallon lower than a year ago.”     

As of Monday morning, many stations in Missoula had their prices set to around $3.19 per gallon.     

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.92 per gallon yesterday, while the most expensive was $3.64 per gallon.     

Montana is currently ranked 14th in the U.S. when it comes to the average price of gas, which is two spots lower than last week.                 

“The national average price of gasoline has risen 2.0 cents per gallon in the last week, averaging $3.12 per gallon today,” De Haan said. “The national average is down 12 cents per gallon from a month ago and stands 49.6 cents per gallon lower than a year ago. The national average price of diesel has increased 0.2 cents in the last week and stands at $3.50 per gallon.”          

READ MORE: Understanding The Trends: Gas Prices In Montana This Month

De Haan said last week was another mixed bag at the pump for many Americans, but there may be some promising short-term news from OPEC+, which has agreed to increase oil production starting in June. 

"Here in the U.S., slightly more than half of the states saw gas prices rise, while many others saw modest declines,” said De Haan. “We continued to see price cycling in states prone to such movements, including much of the Great Lakes region, as well as in Maryland, Florida, and parts of Texas. However, the most notable development is OPEC+'s decision to raise production next month, as oil prices hover near their lowest levels since the pandemic.” 

While gasoline inventories have been tightening due to ongoing refinery maintenance, which has limited how much gas prices have fallen in response to lower oil, De Haan said refinery output is expected to rise soon. As maintenance wraps up, De Haan said we could see an increase in gasoline supply and a national average that may soon dip below $3 per gallon.