Gas Prices Increase 6.2 Cents During Week
Average gasoline prices in Montana have risen 6.2 cents per gallon in the last week, averaging $3.54/g on Monday, May 22, according to GasBuddy’s survey of 615 stations in Montana. Prices in Montana are 6.9 cents per gallon higher than a month ago and stand 82.3 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Montana was priced at $3.35/g on Sunday, May 21, while the most expensive was $3.99/g, a difference of 64.0 cents per gallon.
The national average price of gasoline is unchanged in the last week, averaging $3.51/g on Monday, May 22. The national average is down 14.7 cents per gallon from a month ago and stands 106.5 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: May 22, 2022: $4.36/g (U.S. Average: $4.57/g) May 22, 2021: $2.90/g (U.S. Average: $3.03/g) May 22, 2020: $1.73/g (U.S. Average: $1.95/g) May 22, 2019: $2.88/g (U.S. Average: $2.85/g) May 22, 2018: $2.89/g (U.S. Average: $2.95/g) May 22, 2017: $2.37/g (U.S. Average: $2.35/g) May 22, 2016: $2.24/g (U.S. Average: $2.28/g) May 22, 2015: $2.54/g (U.S. Average: $2.74/g) May 22, 2014: $3.39/g (U.S. Average: $3.65/g) May 22, 2013: $3.60/g (U.S. Average: $3.66/g) “In the run up to Memorial Day, the national average price of gas has seen little overall movement over the last week. We’ve seen more states see prices climb than fall, which has been driven by oil’s volatility as debt ceiling discussions are ongoing. I think we’ll see prices rise slightly as we get closer to Memorial Day, especially if there are positive developments in the debt ceiling discussions in D.C., while pessimism could drive prices slightly lower,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “I continue to be optimistic that the national average will remain under $4 per gallon for most of, if not the entire summer, with Americans spending a combined $1.6 billion less on gasoline over Memorial Day weekend this year compared to last.”
