Missoula Gas Prices Hold Firm While Others Increase

Missoula, MT (KGVO-AM News) – Two weeks ago, average gas prices in Montana increased for the first time in five months. Patrick De Haan is the head of petroleum analysis at GasBuddy, and he provided the current numbers. 

“Average gasoline prices in Montana have fallen 0.3 cents per gallon in the last week, averaging $2.72 per gallon today,” De Haan said. “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.”   

As of Monday morning, most stations in Missoula still had their prices set to around $2.69 per gallon. According to GasBuddy price reports, the cheapest station in Montana was priced at $2.52 per gallon yesterday, while the most expensive was $2.94 per gallon.         

Montana is currently ranked 29th in the U.S. when it comes to the average price of gas, which is one spot higher than last week.       

“The national average price of gasoline has risen 1.2 cents per gallon in the last week, averaging $2.88 per gallon today,” De Haan said. “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. The national average price of diesel has increased 6.2 cents compared to a week ago and stands at $3.69 per gallon.”                

READ MORE: Why Gas Prices in Montana are Rising This Month

De Haan said 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. 

“While there has been no direct disruption to energy infrastructure, markets are increasingly pricing in the possibility of a broader exchange that could threaten supply flows,” De Haan said. “Beyond geopolitics, we’re also seeing localized supply constraints, including refinery outages and disruptions along the Olympic Pipeline, which have amplified price pressures in the Pacific Northwest. These developments are unlikely to be isolated, as planned refinery maintenance is set to intensify in the weeks ahead. As seasonal supply tightens, the national average is increasingly likely to retest the $3-per-gallon threshold.”