FINALLY: Montana Gas Prices Drop for the First Time in 2025

Missoula, MT (KGVO-AM News) - To start 2025, average gas prices in Montana increased 10 weeks in a row. This week, prices are finally dropping. Patrick De Haan is the head of petroleum analysis at GasBuddy and he provided the current numbers.

“Average gasoline prices in Montana have fallen 6.3 cents per gallon in the last week, averaging $3.08 per gallon today,” De Haan said. “Prices in Montana are 1 cent per gallon higher than a month ago and stand 37.7 cents per gallon lower than a year ago.”

As of Monday morning, many stations in Missoula had their prices set to around $3.09 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.89 per gallon yesterday while the most expensive was $3.45 per gallon.

Montana is currently ranked 13th 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 fallen 1.3 cents per gallon in the last week, averaging $3.02 per gallon today,” De Haan said. “The national average is down 10.6 cents per gallon from a month ago and stands 42.4 cents per gallon lower than a year ago. The national average price of diesel has decreased 5.0 cents in the last week and stands at $3.56 per gallon.”

As concerns over tariffs and policy uncertainties grow, De Haan said gas prices have continued to decline across much of the country, raising the possibility that the national average could slip below $3 per gallon and approach some of the lowest prices seen in years.

“However, this decline shouldn't necessarily be celebrated, as it comes with strong warning signs,” De Haan said. “When the economy slows, gasoline demand drops, along with demand for other refined products like diesel and jet fuel. We've already seen some signals that the months ahead could be challenging. All of this suggests that gas prices are likely to remain low for now.”

However, if economic conditions improve, De Haan said gas prices could eventually follow suit and start rising again.

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