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Montana gas prices jump 20 cents in one week

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Gas prices in Montana spiked in the past week after the war in Iran sent crude oil prices soaring.

According to AAA, the statewide price for a gallon of gas almost reached $3 Thursday, up over 20 cents from $2.79 the previous Thursday.

In Missoula, Billings and Great Falls, the average price per gallon was above the state average.

Missoula $3.02
Billings$3.06
Great Falls $3.01

The skyrocketing gas prices in Montana were part of a larger national trend.

RELATED STORY | What is the war in Iran going to do to oil and gas prices?

Thursday, the average price per gallon in the U.S. rose to $3.25, according to AAA. That was a 27-cent jump from $2.98 the week prior.

The trend sent stocks tumbling as global financial markets followed oil prices.

RELATED STORY | US stocks sink after oil spikes to its highest price since the summer of 2024