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Gas Prices Increase Slightly During Week

Average gasoline prices in Montana have risen 0.6 cents per gallon in the last week, averaging $3.47/g on Monday, May 15, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 6.9 cents per gallon higher than a month ago and stand 80.3 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.0 cents in the last week and stands at $3.97 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.32/g on Sunday, May 14, while the most expensive was $3.79/g, a difference of 47.0 cents per gallon.

The national average price of gasoline has risen 0.4 cents per gallon in the last week, averaging $3.51/g today. The national average is down 14.9 cents per gallon from a month ago and stands 95.6 cents per gallon lower than a year ago, according to Gas-Buddy 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: May 15, 2022: $4.28/g (U.S. Average: $4.46/g) May 15, 2021: $2.89/g (U.S. Average: $3.04/g) May 15, 2020: $1.72/g (U.S. Average: $1.86/g) May 15, 2019: $2.86/g (U.S. Average: $2.86/g) May 15, 2018: $2.80/g (U.S. Average: $2.89/g) May 15, 2017: $2.37/g (U.S. Average: $2.33/g) May 15, 2016: $2.18/g (U.S. Average: $2.22/g) May 15, 2015: $2.46/g (U.S. Average: $2.70/g) May 15, 2014: $3.37/g (U.S. Average: $3.64/g) May 15, 2013: $3.45/g (U.S. Average: $3.59/g) “With oil prices bouncing back over $70 per barrel after reaching as low as $66 in early May, we’ve seen gasoline prices move higher in some states, while others have continued to decline- the national average has seen little change as a result, but overall, gasoline prices continue to see significant relief from year ago levels,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “We’re likely to soon see gasoline prices slip to their largest year on year deficit since Covid hit, when prices fell over $1 per gallon from 2019so the relief at the pump as been significant, and even though the gas price decline hit pause last week, it’s looking more likely that barring a major hurricane or series of refinery outages, the national average may not end up hitting the $4 per gallon mark- something that will make most motorists very happy. For those in Arizona that have seen gas prices spike during the spring, significant relief is starting and should even accelerate over the weeks ahead.”

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