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Area Pump Prices Back On The Rise
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Modesto gas prices have risen 6.6 cents per gallon in the past week, averaging $4.26/gallon as of Monday, Aug. 2, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 7.9 cents per gallon higher than a month ago and stand $1.27/gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.89/gallon on Aug. 2 while the most expensive was $4.79, a difference of 90 cents per gallon. The lowest price in the state on Aug. 2 was $3.75 while the highest was $6.29, a difference of $2.54/gallon. Some of those highest prices were reported in and around the Los Angeles area.

The national average price of gasoline has risen 1.7 cents per gallon in the last week, averaging $3.16/gallon. The national average is up 3.8 cents per gallon from a month ago and stands 98.2 cents per gallon higher than a year ago.

“The downward move in the national average last week was short-lived with the national average rebounding last week on continued strong gasoline demand in the U.S. which has pushed oil prices back up after a brief lull,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “According to GasBuddy data, demand last week set another 2021 high, eclipsing the previous week’s record as we head into the prime of the summer driving season. For the next week or two, we may continue to see gas prices inch higher, but once schools begin re-opening and vacation season ends, we’ll likely see demand trail off, allowing for gas prices to decline gently heading into Labor Day.”

Neighboring areas and their current gas prices include: Stockton - $4.21/gallon, up 3.8 cents per gallon from last week’s $4.17; Oakland - $4.41, up 4.9 cents from $4.37; and San Jose - $4.44, up 5.2 cents from last week’s $4.38/gallon.

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.