Montana Gas Prices Dip: What You Need to Know Before Filling Up

Missoula, MT (KGVO-AM News) - Even though it is minimal, Montana gas prices have dropped two 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 .9 cents per gallon in the last week, averaging $3.50 per gallon today,” De Haan said. “Prices in Montana are 2.9 cents per gallon lower than a month ago and stand 48.1 cents per gallon lower than a year ago.”                       

As of Monday afternoon, many stations in Missoula still had their prices set to around $3.57 per gallon.    

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.24 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 fallen 3.2 cents per gallon in the last week, averaging $3.41 per gallon today,” De Haan said. “The national average is down 11.6 cents per gallon from a month ago and stands 42.5 cents per gallon lower than a year ago. The national average price of diesel has fallen 3.4 cents in the last week and stands at $3.72 per gallon.”                     

READ MORE: Montana Gas Prices Update: Latest Trends Revealed by Expert

As summer driving season comes to a gradual close, De Haan said we continue to see gasoline prices declining in most of the country as demand remains muted.  

“Incredibly, the drop has also caused diesel fuel prices to crumble to their lowest level since before Russia's invasion of Ukraine," said De Haan. "As long as we can avoid a major hurricane threatening refineries in the Gulf region, I believe we could see declines continue into this week, with the national average potentially dipping to its lowest level of the summer. However, should economic data come in better than expected, there still could be a short-lived rally. While some states may also see gas prices rise to routine price cycling, primarily in the Great Lakes and Florida, prices across the board remain lower in every state compared to a year ago."