Nation Sees Unprecedented Rise On Gas Prices
Average gasoline prices in Montana have risen 36.1 cents per gallon in the last week, averaging $3.81/g on Monday, according to Gas-Buddy’s survey of 615 stations in Montana. Prices in Montana are 42.0 cents per gallon higher than a month ago and stand $1.22/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Montana was priced at $3.58/g Sunday while the most expensive was $4.20/g, a difference of 62.0 cents per gallon.
The national average price of gasoline has risen 46.5 cents per gallon in the last week, averaging $4.06/g today. The national average is up 61.1 cents per gallon from a month ago and stands $1.29/g 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 10 years: March 7, 2021: $2.59/g (U.S. Average: $2.77/g) March 7, 2020: $2.38/g (U.S. Average: $2.37/g) March 7, 2019: $2.33/g (U.S. Average: $2.46/g) March 7, 2018: $2.59/g (U.S. Average: $2.53/g) March 7, 2017: $2.34/g (U.S. Average: $2.30/g) March 7, 2016: $1.77/g (U.S. Average: $1.81/g) March 7, 2015: $2.18/g (U.S. Average: $2.46/g) March 7, 2014: $3.21/g (U.S. Average: $3.49/g) March 7, 2013: $3.33/g (U.S. Average: $3.72/g) March 7, 2012: $3.35/g (U.S. Average: $3.76/g) Neighboring areas and their current gas prices: Idaho - $3.97/g, up 45.8 cents per gallon from last week’s $3.51/g.
Billings - $3.78/g, up 35.6 cents per gallon from last week’s $3.43/g.
“There are few words to describe the unprecedented rise in gasoline prices over the last week, with massive spikes coast to coast in both gasoline and diesel prices, as oil prices jump to their highest since 2008. Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50/gal. California could be heading for $5.50 per gallon with more stations charging $6 and beyond,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“We’ve never been in this situation before, with this level of uncertainty. As we lose a major global producer under the weight of deserving bipartisan sanctions for invading a sovereign country, the cost is high. Americans will be feeling the pain of the rise in prices for quite some time, with little good news foreseen.”
GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Gas-Buddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-todate in the country.
GasBuddy data is accessible at http://prices.GasBuddy. com.
