Montana Gas Prices Have Risen 10 Weeks in a Row

Missoula, MT (KGVO-AM News) - At the end of 2024, Montana gasoline prices dropped 20 out of the last 22 weeks. To start 2025, prices have increased 10 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 risen 6.1 cents per gallon in the last week, averaging $3.14 per gallon today,” De Haan said. “Prices in Montana are 13.9 cents per gallon higher than a month ago and stand 23.4 cents per gallon lower than a year ago.”                                       

As of Monday morning, many stations in Missoula had their prices set to around $3.14 per gallon.      

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.94 per gallon yesterday while the most expensive was $3.69 per gallon.

Montana is currently ranked 11th in the U.S. when it comes to the average price of gas, which is three spots higher than last week.         

“The national average price of gasoline has fallen .6 cents per gallon in the last week, averaging $3.03 per gallon today,” De Haan said. “The national average is down 8.9 cents per gallon from a month ago and stands 36.7 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.1 cents in the last week and stands at $3.61 per gallon.”  

READ MORE: Insider Look: Montana Gas Prices Surge in Early 2025

According to De Haan, the average price of gasoline in the U.S. hasn't been this low in March since 2021, when the pandemic significantly reduced demand and kept prices suppressed.  

“This time around, caution is also playing a role in keeping prices lower, particularly uncertainty over tariffs, which is likely having a moderate impact," said De Haan. "Concerns about the direction of the economy could have a major influence on fuel prices in the months ahead, especially with the high level of uncertainty surrounding tariffs. Additionally, OPEC+ announced last week that it would gradually begin restoring oil production after nearly two years of cuts, adding further downward pressure on oil prices.” 

As a result, De Haan said the typical seasonal rise in gas prices has yet to materialize, and if and when it does, it may be considerably smaller than expected.