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Area Gas Prices Holding Steady
Gas pump

Modesto gas prices were unchanged in the past week, averaging $3.01/gallon as of Monday, Dec. 14, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 3.7 cents per gallon lower than a month ago and stand 37.6 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.60/gallon on Dec. 14 while the most expensive was $3.45, a difference of 85.0 cents per gallon. The lowest price in the state Monday was $2.50/gallon while the highest was $4.49, a difference of $1.99/gallon.

The national average price of gasoline has fallen 0.7 cents per gallon in the last week, averaging $2.14/gallon on Dec. 14. The national average is up 1.4 cents per gallon from a month ago and stands 41.4 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices include: Stockton - $3.03/gallon, down 4.2 cents from last week’s $3.07; Oakland - $3.27, unchanged from last week; and San Jose - $3.22/gallon, down 3.6 cents from last week’s $3.26/gallon.

“After gas prices spiked last week in their biggest weekly rise since August, we’ve seen them cool back down for the time being. With COVID-19 cases continuing to rise and restrictions weighing on gasoline demand, we’re likely to see optimism over vaccinations offset by lower current demand for the most part,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In the weeks ahead as that balance shifts and millions get the vaccination, if things look much improved, I would expect for a longer upward move in gas prices. For now, however, the holidays will be marked by the lowest seasonal prices in years.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.