Gas prices continue to fall nationwide

Thursday, September 15, 2022
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Average gasoline prices in Montana have fallen 5.7 cents per gallon in the last week, averaging $3.95/g today, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 32.9 cents per gallon lower than a month ago and stand 64.7 cents per gallon higher than a year ago. The national average price of diesel has declined 5.5 cents in the last week and stands at $5.01 per gallon.

According to GasBuddy price reports, the cheapest station in Montana was priced at $3.59/g Monday (in Glendive) while the most expensive was $5.19/g, a difference of $1.60/g.

The national average price of gasoline has fallen 7.6 cents per gallon in the last week, averaging $3.67/g today. The national average is down 26.9 cents per gallon from a month ago and stands 52.3 cents per gallon 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 ten years:

Sept. 12, 2021: $3.30/g (U.S. Average: $3.15/g) Sept. 12, 2020: $2.26/g (U.S. Average: $2.18/g) Sept. 12, 2019: $2.72/g (U.S. Average: $2.56/g) Sept. 12, 2018: $2.94/g (U.S. Average: $2.84/g) Sept. 12, 2017: $2.60/g (U.S. Average: $2.65/g) Sept. 12, 2016: $2.33/g (U.S. Average: $2.17/g) Sept. 12, 2015: $2.61/g (U.S. Average: $2.35/g) Sept. 12, 2014: $3.58/g (U.S. Average: $3.41/g) Sept. 12, 2013: $3.69/g (U.S. Average: $3.53/g) Sept. 12, 2012: $3.75/g (U.S. Average: $3.86/g)

Neighboring areas and their current gas prices: Idaho- $4.44/g, down 2.7 cents per gallon from last week’s $4.47/g.

Billings- $3.93/g, down 6.4 cents per gallon from last week’s $3.99/g.

Wyoming- $3.77/g, down 1.9 cents per gallon from last week’s $3.79/g.

“We continue to see the national average price of gasoline decline, now for the thirteenth straight week. But, we’re seeing drastically different price behaviors from coast to coast, with some areas seeing noticeable increases while others are seeing decreases,” said Patrick De Haan, head of petroleum analysis at Gas-Buddy. “Refinery issues in California are leading to increases in areas supplied by the state’s refineries, including areas of Arizona, Nevada, Oregon, Washington and of course, California. Gasoline supply remains tight for the East Coast with some modest moves up, while prices continue to edge lower in the Plains, South and areas of the Great Lakes. For now, I believe the drop in prices will overpower the increases, leading to potentially another decline this week, but we’re in a very fragile time and certainly could see a broader move higher in the weeks ahead.”

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