Montana Gas Prices Continue to Chase the National Average

Missoula, MT (KGVO-AM News) - After over a month of record-breaking increases, Montana gas prices have dropped six 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 4.4 cents per gallon in the last week, averaging $3.93 per gallon today,” De Haan said. “Prices in Montana are 44.0 cents per gallon lower than a month ago and stand 66.7 cents per gallon higher than a year ago."                      

As of Monday morning, the two stations at the corner of Reserve and Mullan in Missoula were charging $3.82, which is a 6-cent decrease from last week. The two stations at the corner of Reserve and South were charging $3.82 as well. According to GasBuddy price reports, the cheapest station in Montana was priced at $3.29 per gallon yesterday, while the most expensive was $5.25 per gallon.                         

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Montana is currently ranked 14th in the U.S. when it comes to the average price of gas, which is one spot higher than last week.             

"The national average price of gasoline has fallen 6.8 cents per gallon in the last week, averaging $3.71 per gallon today,” De Haan said. “The national average is down 41.3 cents per gallon from a month ago and stands 62.7 cents per gallon higher than a year ago. The national average price of diesel has decreased 11.8 cents compared to a week ago and stands at $4.76 per gallon.”        

READ MORE: July 4 Gas Prices Expected to Be Second Highest on Record in 2026

De Haan said average gasoline prices fell in nearly every state over the last week, with diesel declining in all 50, pushing the national average to approximately $3.74 per gallon this July 4, which is the third most expensive Independence Day on record, but well off the peak of $4.57 per gallon seen in May. 

"GasBuddy is now tracking 41 states with average gasoline prices below $4 per gallon, while 37 states are seeing average diesel prices below $5,” De Haan said. “However, continued Ukrainian attacks on Russian refinery infrastructure have forced Russia to shift from fuel exporter to importer, tightening global supplies and putting upward pressure on crack spreads — explaining why pump prices haven't fallen as sharply as oil prices might suggest.” 

Until the refining supply picture improves, De Haan believes significant further drops at the pump may be limited.