Gas Prices Increase By 3.8 Cents During Week
Average gasoline prices in Montana have risen 3.8 cents per gallon in the last week, averaging $4.96/g on Monday, June 20, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 61.8 cents per gallon higher than a month ago and stand $1.95/g higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.
According to GasBuddy price reports, the cheapest station in Montana was priced at $4.59/g on Sunday while the most expensive was $5.39/g, a difference of 80.0 cents per gallon. The lowest price in the state on Sunday was $4.59/g while the highest was $5.39/g, a difference of 80.0 cents per gallon.
The national average price of gasoline has fallen 4.2 cents per gallon in the last week, averaging $4.97/g on Monday. The national average is up 37.3 cents per gallon from a month ago and stands $1.92/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
Historical gasoline prices in Montana and the national average going back 10 years: June 20, 2021: $3.00/g (U.S. Average: $3.05/g) June 20, 2020: $2.12/g (U.S. Average: $2.12/g) June 20, 2019: $2.82/g (U.S. Average: $2.66/g) June 20, 2018: $2.94/g (U.S. Average: $2.87/g) June 20, 2017: $2.34/g (U.S. Average: $2.28/g) June 20, 2016: $2.34/g (U.S. Average: $2.33/g) June 20, 2015: $2.74/g (U.S. Average: $2.80/g) June 20, 2014: $3.57/g (U.S. Average: $3.68/g) June 20, 2013: $3.62/g (U.S. Average: $3.60/g) June 20, 2012: $3.66/g (U.S. Average: $3.48/g) “Finally some relief! For the first time in nine weeks, gasoline prices have fallen, following a broad sell-off in oil markets last week, pushing the national average back under the $5 level with most states seeing relief at the pump,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “I’m hopeful the trend may continue this week, especially as concerns appear to be mounting that we may be on the cusp of an economic slowdown, putting downward pressure on oil. But the coast isn’t yet entirely clear. We could see the national average fall another 15 to 30 cents, if we’re lucky, by the time fireworks are flying, barring any unexpected shutdowns at a time when the market is extremely sensitive to such.”