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Gas Prices Drop In Montana During Week

Average gasoline prices in Montana have fallen 6.9 cents per gallon in the last week, averaging $3.98/g on Monday, Oct. 24,, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 2.7 cents per gallon higher than a month ago and stand 56.8 cents per gallon higher than a year ago. The national average price of diesel has risen 4.0 cents in the last week and stands at $5.30 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.31/g on Oct. 23, while the most expensive was $4.49/g, a difference of $1.18/g.

The national average price of gasoline has fallen 9.3 cents per gallon in the last week, averaging $3.77/g on Monday. The national average is up 10.2 cents per gallon from a month ago and stands 41.2 cents per gallon higher than a year ago.

Historical gasoline prices in Montana and the national average going back 10 years: Oct. 24, 2021: $3.41/g (U.S. Average: $3.36/g) Oct. 24, 2020: $2.23/g (U.S. Average: $2.15/g) Oct. 24, 2019: $2.71/g (U.S. Average: $2.61/g) Oct. 24, 2018: $3.00/g (U.S. Average: $2.84/g) Oct. 24, 2017: $2.57/g (U.S. Average: $2.45/g) Oct. 24, 2016: $2.36/g (U.S. Average: $2.22/g) Oct. 24, 2015: $2.36/g (U.S. Average: $2.20/g) Oct. 24, 2014: $3.24/g (U.S. Average: $3.06/g) Oct. 24, 2013: $3.39/g (U.S. Average: $3.31/g) Oct. 24, 2012: $3.74/g (U.S. Average: $3.62/g) “Average gas prices have declined for the second straight week with significant declines in the West and Great Lakes having an oversized effect on the drop in the national average,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With oil prices struggling a bit after reaching $93 after OPEC+’s decision to cut production, many regions could see falling gas prices again this week as demand continues to decline seasonally, especially if more data points to a significant economic slowdown. While gasoline prices have seen a large drop, diesel prices have been somewhat mixed, with prices heading higher in the Northeast as inventories drop to extremely tight levels ahead of the heating oil season.”

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