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Gas Prices Drop During Week

Average gasoline prices in Montana have fallen 12.2 cents per gallon in the last week, averaging $4.29/g on Monday, Aug. 8, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 59.4 cents per gallon lower than a month ago and stand $1.02/g higher than a year ago. The national average price of diesel has declined 13.1 cents in the last week and stands at $5.14 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.89/g on Sunday, Aug. 7, while the most expensive was $4.79/g, a difference of 90.0 cents per gallon.

The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.01/g on Monday. The national average is down 68.7 cents per gallon from a month ago and stands 83.6 cents per gallon 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: Aug. 8, 2021: $3.28/g (U.S. Average: $3.18/g) Aug. 8, 2020: $2.22/g (U.S. Average: $2.17/g) Aug. 8, 2019: $2.79/g (U.S. Average: $2.66/g) Aug. 8, 2018: $2.94/g (U.S. Average: $2.87/g) Aug. 8, 2017: $2.40/g (U.S. Average: $2.36/g) Aug. 8, 2016: $2.29/g (U.S. Average: $2.12/g) Aug. 8, 2015: $2.79/g (U.S. Average: $2.60/g) Aug. 8, 2014: $3.59/g (U.S. Average: $3.47/g) Aug. 8, 2013: $3.70/g (U.S. Average: $3.58/g) Aug. 8, 2012: $3.48/g (U.S. Average: $3.65/g) Neighboring areas and their current gas prices: Idaho- $4.77/g, down 11.2 cents per gallon from last week’s $4.88/g.

Billings- $4.28/g, down 13.1 cents per gallon from last week’s $4.41/g.

Wyoming- $4.16/g, down 19.0 cents per gallon from last week’s $4.35/g.

“The national average is poised to fall back under $4 per gallon as early as today as we see the decline in gas prices enter its eighth straight week. By the end of the week, 100,000 stations will be at $3.99 or less,” said Patrick De Haan, head of petroleum analysis at Gas-Buddy. “Diesel continues to decline as well, and will likely soon fall under $5 per gallon. We’ve even seen nearly a dozen stations in low-priced states fall under $2.99, a welcome return to some lucky motorists in areas of Texas, Oklahoma, Kansas and Iowa. The groundwork is laid for a ninth week of decline, with areas of the West Coast soon ditching the $5 per gallon average. While I’m upbeat the drop can continue for another couple weeks, we’re starting to see some activity in the tropics, which may increase risk of potential disruption.”

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