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Montana Gas Prices Continue To Drop

Average gasoline prices in Montana have fallen 0.3 cents per gallon in the last week, averaging $2.95/gallons Tuesday, Jan. 2, according to GasBuddy's survey of 615 stations in Montana. Prices in Montana are 18.8 cents per gallon lower than a month ago and stand 1.9 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.5 cents in the last week and stands at $3.96 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $2.82/g Monday while the most expensive was $3.25/g, a difference of 43.0 cents per gallon. The lowest price in the state Monday was $2.82/g while the highest was $3.25/g, a difference of 43.0 cents per gallon.

The national average price of gasoline has fallen 1.6 cents per gallon in the last week, averaging $3.06/g Tuesday. The national average is down 17.3 cents per gallon from a month ago and stands 12.6 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: Jan. 2, 2023: $2.97/g (U.S. Average: $3.18/g) Jan. 2, 2022: $3.36/g (U.S. Average: $3.26/g) Jan. 2, 2021: $2.22/g (U.S. Average: $2.25/g) Jan. 2, 2020: $2.59/g (U.S. Average: $2.59/g) Jan. 2, 2019: $2.36/g (U.S. Average: $2.25/g) Jan. 2, 2018: $2.57/g (U.S. Average: $2.49/g) Jan. 2, 2017: $2.22/g (U.S. Average: $2.34/g) Jan. 2, 2016: $1.98/g (U.S. Average: $1.99/g) Jan. 2, 2015: $2.22/g (U.S. Average: $2.21/g) Jan. 2, 2014: $2.99/g (U.S. Average: $3.32/g) 'After a brief hiatus, the national average has moved off its recent high, again falling closer to the $3 per gallon mark, setting up a potential second attempt at slipping below $2.99 for the first time since 2021,' said Patrick De Haan, head of petroleum analysis at Gas-Buddy. 'While gas prices have risen in some areas, such as California after refinery snags emerged, other states have returned to declines. Illinois is one such example, falling below $3 per gallon for the first time since 2021. The good news continues for average diesel prices, which slipped below $4 per gallon again and stand at their lowest level since the summer.'

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