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Montana Gas Hits $4.58 as Prices Rise 11 Cents Weekly

By Markets Desk · · 1 min read
A fuel pump nozzle resting on a concrete forecourt

Montana gasoline costs $1.39 more than last year, with weekly increases outpacing the national average.

Key points

  • Montana gasoline averages $4.58 per gallon, up 11.2 cents from last week.
  • The state's annual price increase is $1.39 per gallon, higher than the national $1.30 rise.
  • Diesel prices in Montana reached $6.49 per gallon, reflecting a 30.7-cent weekly jump.

Montana average gasoline prices reached $4.58 per gallon this week. This figure reflects an 11.2-cent increase from the previous seven days. The state now ranks 12th nationally for fuel costs, holding its position from last week.

Drivers in Missoula face specific station prices near $4.50. The annual increase of $1.39 per gallon exceeds the national average. GasBuddy data confirms these trends across the state’s retail network.

Local Station Prices Climb

Stations in Missoula charged between $4.49 and $4.59 per gallon. These local rates align with the broader statewide average. The cheapest station in Montana sold fuel for $4.18 yesterday. The most expensive station charged $5.39 per gallon, showing a wide spread.

National Averages And Diesel

The national gasoline average rose to $4.44 per gallon. This marks an 18.5-cent weekly increase for the country. Diesel prices also climbed sharply, reaching $6.49 per gallon on average. This diesel jump represents a 30.7-cent rise over the past week.

Supply Disruptions Drive Costs

Refinery issues in the Great Lakes region pushed Midwest prices up. States like Michigan saw increases exceeding 30 cents per gallon. Global diesel supply tightened due to strikes on Russian refineries. Geopolitical tensions involving the Houthis and Iran add further uncertainty to the market outlook.

Based on reporting by newstalkkgvo.com, compiled by the Tradingbird desk.

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