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Area Pump Prices Jump
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Modesto gas prices have risen 7.2 cents per gallon in the past week, averaging $3.01/gallon as of Monday, Nov. 30, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 0.4 cents per gallon higher than a month ago and stand 59.7 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.67/gallon on Nov. 30 while the most expensive was $3.59, a difference of 92.0 cents per gallon. The lowest price in the state was $2.45 while the highest was $4.99, a difference of $2.54/gallon.

The national average price of gasoline has risen 1.8 cents per gallon in the last week, averaging $2.11/gallon. The national average is unchanged from a month ago and stands 47.6 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices include: Stockton - $3.05/gallon, down 0.4 cents per gallon from last week’s $3.06; Oakland - $3.24, down 2.4 cents per gallon from $3.27; and San Jose - $3.23/gallon, unchanged from last week.

“As the nation saw subdued traffic for Thanksgiving, gas prices have been mostly stable in the last week as gasoline demand plummeted to the lowest since spring as Americans stayed closer to home,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “With oil holding near a pandemic high around $45 per barrel, we may see additional upward pressure in the weeks ahead, but it’s unlikely to be earth shattering. We’re likely to remain in somewhat of a limbo until early 2021 or vaccines begin to see widespread distribution and Americans slowly start venturing back to their normal lifestyle - if they ever do.”

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.