Gas Prices In Montana Take A Slight Dip This Week

Missoula, MT (KGVO-AM News) - Average gas prices in Montana have increased in 23 out of 31 weeks. However, prices dropped ever so slightly this week. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers.  

“Average gasoline prices in Montana have fallen 0.9 cents per gallon in the last week, averaging $3.23 per gallon today,” De Haan said. “Prices in Montana are 4.1 cents per gallon lower than a month ago and stand 27.4 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 $2.86 per gallon yesterday, while the most expensive was $4.19 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 risen 1.2 cents per gallon in the last week, averaging $3.11 per gallon today,” De Haan said. “The national average is up 1.3 cents per gallon from a month ago and stands 32.8 cents per gallon lower than a year ago. The national average price of diesel has increased 1.6 cents in the last week and stands at $3.71 per gallon.”  

READ MORE: Montana Ranks 11th For Gas Prices: What To Know

According to De Haan, oil prices briefly touched the $70 per barrel mark before sliding late in the week on news that OPEC+ will raise oil production again in September. 

“While price cycling led gas prices in some states to see double-digit increases or decreases, most saw only modest fluctuations,” said De Haan. “With OPEC+ now fully restoring production to 2023 levels— and fresh economic concerns arising from a weak jobs report and renewed tariff threats—oil prices may continue to face headwinds, potentially paving the way for a decline in gas prices in the weeks ahead.”