Gas Prices Increase By 9.9 Cents During Week

Average gasoline prices in Montana have risen 9.9 cents per gallon in the last week, averaging $3.87/g on Monday, April 13, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 55.6 cents per gallon higher than a month ago and stand 74.3 cents per gallon higher than a year ago. The national average price of diesel has increased 4.1 cents compared to a week ago and stands at $5.617 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.48/g on Sunday, April 12, while the most expensive was $4.44/g, a difference of 96.0 cents per gallon.

The national average price of gasoline is unchanged in the last week, averaging $4.07/g on Monday.

“Average gasoline prices surged for many Americans through the first half of last week before easing in some areas after oil prices slipped following President Trump’s announcement of a ceasefire,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, with a breakdown in talks and renewed escalation over the weekend, motorists should prepare for another round of price increases. The move toward a full blockade of the Strait of Hormuz is compounding global supply concerns and risks further disrupting flows, which pushed oil prices sharply higher in Sunday night trading. As a result, gasoline prices are likely to jump again this week, with diesel expected to follow, until there is a meaningful restoration of shipping through the Strait.”