Montana Ranked 36th in U.S. for Average Cost of Gas, Prices Dropping

Missoula, MT (KGVO-AM News) - Montana gasoline prices have dropped 19 out of the past 20 weeks. Patrick De Haan is the head of petroleum analysis at GasBuddy and he provided the current numbers.                 

“Average gasoline prices in Montana have fallen 6.8 cents per gallon in the last week, averaging $2.77 per gallon today,” De Haan said. “Prices in Montana are 21.4 cents per gallon lower than a month ago and stand 20 cents per gallon lower than a year ago.”                                         

As of Monday morning, many stations in Missoula had their prices set to around $2.72 per gallon.         

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.62 per gallon yesterday while the most expensive was $3.38 per gallon.                                 

Montana is currently ranked 36th 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 risen .8 cents per gallon in the last week, averaging $2.98 per gallon today,” De Haan said. “The national average is down 7.5 cents per gallon from a month ago and stands 7.1 cents per gallon lower than a year ago. The national average price of diesel has declined 1.8 cents in the last week and stands at $3.47 per gallon.”       

READ MORE: It Took Over 1,300 Days for the National Average to Drop Below $3

As we edge closer to the end of the year, De Haan said we're seeing momentum for falling gas prices weaken, which is typical as the national average generally bottoms out between Thanksgiving and Christmas. 

"With oil prices rising back above $70 last week, gas prices may have less potential to drop much further, though there may be a second window of lower prices in January or February in some areas, but even that won't last long,” De Haan said. “While several states saw gas prices cycle last week, marked by a big jump in prices after a large decline, those that did see hefty jumps should see prices drift a bit lower, potentially making a second run at the season's lowest prices.” 

De Haan said GasBuddy's 2025 Fuel Outlook will be released in the coming weeks, offering motorists a glimpse into gas prices for the coming year.