Gas Prices Drop Slightly During Week
Average gasoline prices in Montana have fallen 0.3 cents per gallon in the last week, averaging $2.72/g on Monday, Feb. 23, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 1.6 cents per gallon higher than a month ago and stand 34.9 cents per gallon lower than a year ago. The national average price of diesel has increased 6.2 cents compared to a week ago and stands at $3.686 per gallon.
According to GasBuddy price reports, the cheapest station in Montana was priced at $2.52/g on Sunday, Feb. 22, while the most expensive was $2.94/g, a difference of 42.0 cents per gallon.
The national average price of gasoline has risen 1.2 cents per gallon in the last week, averaging $2.88/g today. The national average is up 2.8 cents per gallon from a month ago and stands 19.5 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 five years: Feb. 23, 2025: $3.07/g (U.S. Average: $3.08/g) Feb. 23, 2024: $3.14/g (U.S. Average: $3.27/g) Feb. 23, 2023: $3.26/g (U.S. Average: $3.35/g) Feb. 23, 2022: $3.42/g (U.S. Average: $3.55/g) Feb. 23, 2021: $2.44/g (U.S. Average: $2.65/g) Neighboring areas and their current gas prices: Idaho- $2.95/g, up 1.8 cents per gallon from last week’s $2.93/g.
Billings- $2.77/g, up 0.6 cents per gallon from last week’s $2.76/g.
Wyoming- $2.66/g, up 0.8 cents per gallon from last week’s $2.66/g.
“Average gasoline prices continue to drift higher as crude oil trades near its highest level since last summer, driven by mounting geopolitical risk premiums tied to escalating tensions between the United States and Iran,” said Patrick De Haan, head of petroleum analysis at Gas-Buddy. “As seasonal supply tightens, the national average is increasingly likely to retest the $3-per-gallon threshold.”
