Montana Gas Prices are the Lowest They've Been in 6 Months

Missoula, MT (KGVO-AM News) - Montana gas prices have now dropped nine 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 4.1 cents per gallon in the last week, averaging $3.26 per gallon today,” De Haan said. “Prices in Montana are 16.2 cents per gallon lower than a month ago and stand 83 cents per gallon lower than a year ago.”

As of Monday morning, many stations in Missoula had their prices set to around $3.24 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.29 per gallon yesterday while the most expensive was $4.54 per gallon.

Montana is currently ranked 15th in the U.S. when it comes to the average price of gas, which is one spot lower than last week.

“The national average price of gasoline has risen 1.4 cents per gallon in the last week, averaging $3.17 per gallon today,” De Haan said. “The national average is down 15.4 cents per gallon from a month ago and stands 63.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 1.2 cents in the last week and stands at $3.54 per gallon.”

According to De Haan, gas prices declined in slightly more than half of U.S. states while others have seen increases due to some refinery snags and maintenance that have emerged.

“Meanwhile, GasBuddy data shows 18 states with sub-$3 per gallon average gas prices, a count that should certainly rise over the next few weeks," said De Haan. "While Hurricane Helene left feet of rain behind and some states are seeing challenges in getting gasoline to stations, the storm did not broadly impact fuel production. For now, with oil prices falling back below $70 per barrel, the national average may be a bit stuck in the low $3s until fall maintenance wraps up, which could help bring a sub-$3 national average later this fall."