Montana Gas Prices Drop for the 3rd Week in a Row

Missoula, MT (KGVO-AM News) - Montana gas prices have dropped in three straight weeks for the first time in months. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers.    

“Average gasoline prices in Montana have fallen 2.6 cents per gallon in the last week, averaging $4.49 per gallon today,” De Haan said. “Prices in Montana are 1.8 cents per gallon higher than a month ago and stand $1.42 per gallon higher than a year ago."    

As of Monday morning, the two stations at the corner of Reserve and Mullan in Missoula were charging $4.38, which is the same as last week. The two stations at the corner of South Avenue and Reserve Street were charging $4.41 and $4.48. Another station on Reserve was charging $4.38. According to GasBuddy price reports, the cheapest station in Montana was priced at $3.95 per gallon yesterday, while the most expensive was $5.49 per gallon.   

Montana is currently ranked 12th 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 fallen .4 cents per gallon in the last week, averaging $4.29 per gallon today,” De Haan said. “The national average is up .4 cents per gallon from a month ago and stands $1.28 per gallon higher than a year ago. The national average price of diesel has decreased 5.9 cents compared to a week ago and stands at $6.25 per gallon.”    

READ MORE: How Montana Gas Compares To National Average

De Haan said more states saw average gasoline prices decline than rise over the last week, with diesel falling approximately 5 cents per gallon nationally. 

“On the policy front, the Trump administration’s proposed diesel deal raises more questions than it answers, and I remain skeptical that it will deliver significant relief to the trucking industry and consumers who depend on diesel,” De Haan said. “Meanwhile, Hurricane Isaias has passed, but we are awaiting updates on two refineries that were in its path, the outcome of which could impact the supply picture in the days ahead. For now, the trend is cautiously in the right direction for motorists, but between hurricane season and continued geopolitical uncertainty, it is far too early to declare the pressure on fuel prices resolved.”