Gas Prices Drop 7.7 Cents During Week
Average gasoline prices in Montana have fallen 7.7 cents per gallon in the last week, averaging $4.28/g on Monday, Nov. 2, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 19.6 cents per gallon lower than a month ago and stand $1.28/g higher than a year ago. The national average price of diesel has decreased 5.9 cents compared to a week ago and stands at $6.281 per gallon.
According to GasBuddy price reports, the cheapest station in Montana was priced at $3.85/g on Sunday, Nov. 1, while the most expensive was $4.99/g, a difference of $1.14/g.
The national average price of gasoline has fallen 17.1 cents per gallon in the last week, averaging $4.12/g today. The national average is down 24.7 cents per gallon from a month ago and stands $1.13/g 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 five years: Nov. 2, 2025: $3.00/g (U.S. Average: $2.99/g) Nov. 2, 2024: $3.09/g (U.S. Average: $3.08/g) Nov. 2, 2023: $3.63/g (U.S. Average: $3.42/g) Nov. 2, 2022: $3.87/g (U.S. Average: $3.75/g) Nov. 2, 2021: $3.40/g (U.S. Average: $3.39/g) Neighboring areas and their current gas prices: Idaho- $4.50/g, down 16.2 cents per gallon from last week’s $4.66/g.
Billings- $4.24/g, down 7.7 cents per gallon from last week’s $4.32/g.
Wyoming- $4.26/g, down 5.6 cents per gallon from last week’s $4.32/g.
“Average gasoline prices fell in nearly every state over the last week, while diesel declined in most, as refinery maintenance wraps up and seasonal demand continues to fade with the onset of cooler weather,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “That combination has given gasoline and diesel prices some much-needed breathing room, and motorists are finally seeing relief at the pump. Oil fell nearly $2 in Sunday trading, with WTI at $102.15 per barrel and Brent at $111.52. However, volatility could return quickly after the election. Whether new attacks occur or a truce takes hold around the Strait of Hormuz, along with continued Ukrainian strikes on Russian refineries, will likely dictate where prices head as we move closer to the holidays.”
