GasBuddy update for February 20

Average retail gasoline prices in Montana have not moved in the past week, averaging $2.31 per gallon yesterday, according to GasBuddy’s daily survey of 615 gas outlets in Montana.

This compares with the national average that has fallen 0.3 cents per gallon in the last week to $2.27 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Montana during the past week, prices yesterday were 60.6 cents per gallon higher than the same day one year ago and are 2.3 cents per gallon higher than a month ago. The national average has decreased 3.8 cents per gallon during the last month and stands 56.0 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on February 20 in Montana have ranged widely over the last five years: $1.70 per gallon in 2016, $1.98 per gallon in 2015, $3.08 per gallon in 2014, $3.21 per gallon in 2013 and $3.11 per gallon in 2012. Areas near Montana and their current gas price climate: Idaho- $2.34 per gallon, flat from last week’s $2.34 per gallon. Billings- $2.27 per gallon, down 0.9 cent per gallon from last week’s $2.28 per gallon. Wyoming- $2.19 per gallon, up 2.7 cents per gallon from last week’s $2.16 per gallon. “Refinery liquidation of cheaper winter grade fuel keeps pump prices in similar territory for the week ahead,” said Dan McTeague, GasBuddy senior petroleum analyst. “The ongoing saga of global oil production limitations becomes less important as refineries begin the early stages of maintenance and turnarounds to accommodate summer gasoline blends.”

For live fuel price averages, visit FuelInsights.GasBuddy.com.

GasBuddy is the technology company changing the way more than 60 million consumers find, purchase, and save money on gasoline.

Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 60 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms.

For more information, visit www.gasbuddy.com. ### Contact: Patrick DeHaan, senior petroleum analyst pdehaan@gasbuddy.com | 773-644-1427 | Twitter: @GasBuddyGuy