Continuing a familiar summer trend, average retail gasoline prices in Modesto fell 4.8 cents per gallon in the past week, averaging $2.41/gallon Sunday, Aug. 14 according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has not moved in the last week to $2.12, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 75.6 cents per gallon lower than the same day one year ago and are 22.9 cents per gallon lower than a month ago. The national average has decreased 9.4 cents per gallon during the last month and stands 55.1 cents per gallon lower than this day one year ago.
Areas nearby Modesto and their current gas price climate: Stockton - $2.53/gallon, down 3.2 cents per gallon from last week’s $2.56; Oakland - $2.64, down 2.9 cents from last week’s $2.66; San Jose - $2.66, down 2.8 cents per gallon from last week’s $2.69.
“Many communities across the country have witnessed some form of a gas price rebound in the last week,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “As oil prices have continued to lift, gasoline prices may see additional slight increases in some parts of the country again this week, but overall, gasoline and diesel prices remain very low considering we’re nearing the conclusion of the summer driving season. Barring a disruption to fuel supply as we enter the peak of hurricane season, gas prices nationally will spend more time below $2 per gallon this autumn and winter than they did last year, and I’m sure that’ll make many motorists happy.”
GasBuddy is the premiere source for real-time local gas prices. Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers, saving big money at the pump.