Montana Gas Prices Steadily Increase Despite National Declines

Missoula, MT (KGVO-AM News) - So far this year, average gas prices in Montana have increased in 18 out of 21 weeks. This week, prices are up again. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers. 

“Average gasoline prices in Montana have increased 1.9 cents in the last week, averaging $3.19 per gallon today,” De Haan said. “Prices in Montana are 6.4 cents per gallon higher than a month ago and stand 23.9 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.        

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According to GasBuddy price reports, the cheapest station in Montana was priced at $2.84 per gallon yesterday, while the most expensive was $3.69 per gallon.         

Montana is currently ranked 12th in the U.S. when it comes to the average price of gas, which is the same spot as last week.                   

“The national average price of gasoline has decreased 3.8 cents per gallon in the last week, averaging $3.09 per gallon today,” De Haan said. “The national average is down 6.9 cents per gallon from a month ago and stands 41.0 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.4 cents in the last week and stands at $3.47 per gallon.”              

READ MORE: What To Expect For Montana Gas Prices In The Coming Weeks

The national average price of gasoline has continued its gentle descent over the last week, with the most notable declines seen in the Great Lakes region, where De Haan said a minor refinery issue was resolved. 

"We're also beginning to see prices retreat in California, a trend that should soon extend across much of the West Coast as additional gasoline shipments from Asia help offset recent refinery disruptions,” De Haan said. “While gasoline inventories remain somewhat tight heading into the summer, I’m optimistic that increased refinery output could pave the way for further price declines. That said, any unexpected outages could still cause short-term price bumps."