Gas Prices Fall By 14.7 Cents

Average gasoline prices in Montana have fallen 14.7 cents per gallon in the last week, averaging $3.42/g on Monday, Nov. 13, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 48.8 cents per gallon lower than a month ago and stand 41.5 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.2 cents in the last week and stands at $4.34 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.29/g on Sunday, Nov. 12, while the most expensive was $3.89/g, a difference of 60.0 cents per gallon. The lowest price in the state yesterday was $3.29/g while the highest was $3.89/g, a difference of 60.0 cents per gallon.

The national average price of gasoline has fallen 4.6 cents per gallon in the last week, averaging $3.33/g on Monday. The national average is down 24.8 cents per gallon from a month ago and stands 42.6 cents per gallon lower 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: Nov. 13, 2022: $3.84/g (U.S. Average: $3.76/g) Nov. 13, 2021: $3.40/g (U.S. Average: $3.41/g) Nov. 13, 2020: $2.21/g (U.S. Average: $2.12/g) Nov. 13, 2019: $2.70/g (U.S. Average: $2.62/g) Nov. 13, 2018: $2.91/g (U.S. Average: $2.68/g) Nov. 13, 2017: $2.59/g (U.S. Average: $2.56/g) Nov. 13, 2016: $2.30/g (U.S. Average: $2.15/g) Nov. 13, 2015: $2.32/g (U.S. Average: $2.18/g) Nov. 13, 2014: $3.00/g (U.S. Average: $2.91/g) Nov. 13, 2013: $3.02/g (U.S. Average: $3.17/g) “As motorists turn their attention to Thanksgiving, they certainly can be thankful for the decline in gasoline prices, which has now reached eight straight weeks. GasBuddy counts 11 states where average prices are below $3 per gallon, with several more to join this week. Even in California, the nation’s most expensive gasoline average will fall below $5 in the next 48 hours,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gasoline demand has struggled in recent weeks, falling not only due to the seasonal nature, as Americans drive less as the weather gets colder, but it appears there may be some economic headwinds entering the equation as well.”