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Entries in Montana economy (17)

Monday
Jun052017

Montana gas prices creeping up 

Gas is still a bargain when you compare it with a few years ago, but prices are steadly creeping upward according to the latest survey.

Average retail gasoline prices in Montana have risen 0.7 cents per gallon in the past week, averaging $2.37 a gallon Sunday, according to GasBuddy's daily survey of 615 gas outlets in Montana. This compares with the national average that has increased 0.9 cents per gallon in the last week to $2.37 a gallon, according to gasoline price website GasBuddy.com

Including the change in gas prices in Montana during the past week, prices yesterday were 8.9 cents per gallon higher than the same day one year ago and are 0.4 cents per gallon lower than a month ago. The national average has increased 1.9 cents per gallon during the last month and stands 0.5 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on June 5 in Montana have ranged widely over the last five years, from as low as $2.28 cents a gallon last year to a high of $3.76 a gallon in 2012. 

Wednesday
Sep302015

Tester warns of MT economic impact from shutdown 

(WASHINGTON, D.C.)- Montana Senator Jon Tester is worried about how small businesses that depend on the late season tourist business would be able to weather another government shutdown.

The Senate has already given its blessing to a continuing resolution keeping the country running through December with a final vote Thursday. The House must also concur. And although there are some conservatives still pressing the issue of funding for Planned Parenthood, it appears there isn't enough broad GOP support to hold up the spending plan.

Tester believes enough lawmakers remember the negative reactions to the last shutdown 2-years ago, and aren't anxious for a repeat. He says that's good for Montana, since shutting down the government this time of the year can have a very sharp impact on the all important fall travel economy in communities close to Glacier and Yellowstone National Parks.

"Each park is over a million dollars a day. In each park. That's real money. That's outside money, for the most part, and that's money that helps drive the economy in those different regions of the state," Tester told MTN News. "And it has it's impacts, very negatively on the small businesses that are trying to eke out a living there. And it just isn't good business. And look, business is tough enough to make ends meet and make the books balance without Congress being a boat anchor too." 

Tuesday
Jun032014

Montana gas prices continue upward creep

We still haven't seen full summertime prices yet. But the price at Montana pumps continues to head up.

According to the latest survery from the website Gasbuddy.com average retail gasoline prices in Montana have risen a half cent per gallon in the past week, averaging $3.42 a gallon on Sunday. This compares with the national average that has increased 1.2 cents per gallon in the last week to $3.64 a gallon.  

Including the change in gas prices in Montana during the past week, prices yesterday were 22.1 cents per gallon lower than the same day one year ago and are 5.9 cents per gallon higher than a month ago. The national average has decreased 0.3 cents per gallon during the last month and stands 0.6 cents per gallon higher than this day one year ago. 

Monday
Apr072014

Montana gas prices creeping upward 

Average retail gasoline prices in Montana have risen 3.2 cents per gallon in the past week, averaging $3.27a gallon Sunday, according to GasBuddy's daily survey of 615 gas outlets in Montana. This compares with the national average that has increased 1.3 cents per gallon in the last week to $3.55 a gallon, according to gasoline price website GasBuddy.com

Including the change in gas prices in Montana during the past week, prices yesterday were 6.0 cents per gallon lower than the same day one year ago and are 6.7 cents per gallon higher than a month ago. The national average has increased 7.4 cents per gallon during the last month and stands 3.1 cents per gallon lower than this day one year ago. 

"Gasoline prices have seen an ever so slight increase in the last week across a good portion of the nation, which is certainly good news for spring break travelers," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "For those who may be headed to California, they may be greeted with rising prices to the tune of 10-20 cents per gallon over the next two weeks."

Saturday
Sep142013

FVCC secures major grant to train software engineers

(KALISPELL)- Flathead Valley Community College, which already has a reputation for specialized training for professions like nursing and technical trades, will be able to do more for engineering in the future, after the school is awarded a $46-million software licensing grant. 

The news was announced Friday in advance of the upcoming Montana Economic Summit. The deal was worked out between FVCC, and German-based Siemen PLM Software with the help of Senator Max Baucus. 

The Daily Interlake reports the grant will support FVCC's plans to train engineers and scientists as part of a new advanced manufacturing program. The software is part of a new approach that will allow companies to develop new products all the way from the conception of a product to the final manufacturing stages, instead of having to outsource some parts of the development process. The school hopes to train students on the workflow that's being used by many of the biggest firms around the world, in addition to laying the ground work for having a benefit to Montana business as well.