Gas Prices Increase By 10 Cents During Week
Average gasoline prices in Montana have risen 10.0 cents per gallon in the last week, averaging $3.23/g on Monday, Jan. 30, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 27.4 cents per gallon higher than a month ago and stand 13.2 cents per gallon lower than a year ago. The national average price of diesel has risen 5.4 cents in the last week and stands at $4.65 per gallon.
According to GasBuddy price reports, the cheapest station in Montana was priced at $3.04/g on Sunday, Jan. 29, while the most expensive was $3.60/g, a difference of 56.0 cents per gallon.
The national average price of gasoline has risen 9.7 cents per gallon in the last week, averaging $3.49/g today. The national average is up 33.3 cents per gallon from a month ago and stands 14.1 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: Jan. 30, 2022: $3.36/g (U.S. Average: $3.34/g) Jan. 30, 2021: $2.28/g (U.S. Average: $2.43/g) Jan. 30, 2020: $2.48/g (U.S. Average: $2.49/g) Jan. 30, 2019: $2.24/g (U.S. Average: $2.27/g) Jan. 30, 2018: $2.59/g (U.S. Average: $2.59/g) Jan. 30, 2017: $2.30/g (U.S. Average: $2.27/g) Jan. 30, 2016: $1.81/g (U.S. Average: $1.80/g) Jan. 30, 2015: $1.91/g (U.S. Average: $2.04/g) Jan. 30, 2014: $2.98/g (U.S. Average: $3.27/g) Jan. 30, 2013: $2.99/g (U.S. Average: $3.40/g) Neighboring areas and their current gas prices: Idaho- $3.42/g, up 7.7 cents per gallon from last week’s $3.35/g.
Billings- $3.18/g, up 13.1 cents per gallon from last week’s $3.05/g.
Wyoming- $3.38/g, up 11.9 cents per gallon from last week’s $3.26/g.
“The national average price of gasoline has risen for the fifth straight week as retailers pass along the rise in wholesale gasoline prices due to continued challenges: refinery utilization that still hasn’t fully recovered from December’s cold weather, and refinery maintenance season that’s just around the corner,” said Patrick De Haan, head of petroleum analysis at Gas-Buddy. “There appears to be little good news on the gas price front, with prices unlikely to turn around any time soon. Because of the surge in prices last spring, many refineries that had planned maintenance deferred maintenance until 2023. With the can kicked to this year, we may have similar challenges producing enough refined products to meet demand, especially with the European Union cutting off refined products from Russia starting Feb. 5.”
