Average retail gasoline prices in Modesto have not moved in the past week, averaging $2.46/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 3.4 cents per gallon in the last week to $2.21/gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 51.0 cents per gallon lower than the same day one year ago and are 5.1 cents per gallon lower than a month ago. The national average has increased 7.4 cents per gallon during the last month and stands 28.0 cents per gallon lower than this day one year ago.
According to GasBuddy historical data, gasoline prices on Aug. 29 in Modesto have ranged widely over the last five years: $2.97/gallon in 2015, $3.74 in 2014, $3.61 in 2013, $4.09 in 2012 and $3.71/gallon in 2011.
Areas nearby Modesto and their current gas price climate: Stockton - $2.55/gallon, down 1 cent per gallon from last week’s $2.56; Oakland - $2.68, up 0.3 cents per gallon from last week’s $2.67; and San Jose - $2.69, down 0.5 cents per gallon from last week’s $2.70/gallon.
“As the summer driving season wraps up, gasoline prices have risen for 14 consecutive days, thanks in large part due to a late-summer rally in oil markets, driven by OPEC threats,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “While the final note may be a bit sour, the sweetness of what is still the cheapest summer gas in a decade will linger. Motorists shopping around for gas using the free GasBuddy app over the upcoming Labor Day weekend stand to save 5-25 cents per gallon over their counterparts, saving their hard-earned money on a day recognizing their hard work.
“While some tropical disturbances may lead gas prices to continue rising slightly ahead of Labor Day weekend, relief will be felt across every single state over the next few weeks as gasoline demand drops and cheaper winter gas begins flowing in mid-September.”
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.