Don't look now but the price of gas has shot back up again.  In Great Falls, regular unleaded is $3.20.  That's 20 cents higher than just last week and nearly 40 cents higher than just a month ago.

Gas Prices Fail to Fall After Summer Driving Season
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Gas Prices Fail to Fall After Summer Driving Season

378103 01: A consumer fills up her gas tank September 12, 2000 at a Shell Station in Cambridge MA . Government officials are worried that gas prices have not gone down after the summer vacation/driving season. They are concerned about how gas and oil prices may affect home heating costs this winter. (Photo by Darren McCollester/Newsmakers)

Why?

According to AAA, there are two factors weighing in .  The first is a tighter supply and the second might be because of the mild winter in parts of the country has caused people to get out more than they usually would.  And AAA says if the robust demand continues prices will keep going up.  The biggest jump in prices took place in  Colorado where the cost for a gallon of regular unleaded jumped 26 cents in just a week.  AAA also says China opening up their economy again after covid lockdowns is also driving the robust demand.

Prices

The Average price for a gallon of regular unleaded nationwide is $3.50. Montana still remains below the national average where it has been for the past several months.  Statewide, the price is now $3.23.  And that's up 26 cents from a month ago and up 11 cents from just last week.

Those who have a diesel are feeling even more pain at the pump.  The average price of a gallon of diesel is $4.43.  Here in Great Falls it is $4.32.

Drivers Cross European Borders To Queue For Cheap Fuel
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Drivers Cross European Borders To Queue For Cheap Fuel

LUXEMBOURG - MAY 29: A driver fills up the tank of his car with diesel at a fuel station on May 29, 2008 in Luxembourg city. Customers are driving up to 100 km from neighbouring countries Belgium, France and Germany to fill up their vehicles with fuel, which is much cheaper in Luxembourg due to lower taxes. (Photo by Mark Renders/Getty Images)

Gas prices a year ago

Where were gas prices a year ago at the time of this writing in Montana?  Regular unleaded was at $3.44 a gallon in Great Falls.  This price does not look all that bad when you compare it to summer of last year.  Regular unleaded hit $4.97 a gallon in June of 2022 and diesel was a staggering $5.90 a gallon.

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