gas prices

Pumps in Billings no longer have the nations' cheapest gas as prices in Montana rise for yet another week.

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Keystone XL pipe line, who sets the price at the pump, are we shipping oil to China for Canada, these and many more questions answered in this pre-recorded interview with oil expert Bob Van derValk of Terry, Montana.

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At $3.34 per gallon, Montana's average gas prices are up again this week. They have been climbing for over three weeks now, but hope for motorists could be on the horizon.

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What were the ten year economic projections made back in 1995? Did they take into account that three planes were going to kill over 3,000 citizens in 2001?

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Montana's low gas prices won't last long.

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Now that the end of the year is approaching, gas prices in Montana continue to fall.

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Between 2000 and 2007 the average price of gasoline was $1.91 and we were screaming about it. How we would love to go back to those days now.

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Gas prices have taken a wild ride this year — first we were told to expect record-breaking fuel costs, and then analysts backed down from that prediction.

Since then, prices have see-sawed back and forth, and now experts expect them to drop again.

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Thanks to a steep drop in crude-oil prices, gas costs have fallen below $3 a gallon in parts of Michigan, Missouri and Texas, and are expected to decline in many other states as well.

Call it an unexpected bright spot in the global economic crisis. Now that drivers have cut back on trips, shippers are moving fewer goods, and vacationers are staying closer to home, the demand for gasoline, diesel and jet fuel has fallen accordingly. And as we all learned in Economics 101, less demand equates to lower prices.

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I've sure noticed the gas prices rising faster than the Spring temperatures and it's causing me to think of other forms of transportation. In the last 30 days, the price of gas in Montana has jumped 29.9 cents! Riding the streamline for free isn't looking like a bad alternative anymore, even if it means getting everywhere an hour early.

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