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Middle East tensions impact area gas prices
pumping gas

Average gasoline prices in Modesto have risen 51.7 cents per gallon in the last week, averaging $4.93/gallon as of March 9, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 71.2 cents per gallon higher than a month ago and stand 48.6 cents per gallon higher than a year ago. The national average price of diesel has increased 85.9 cents compared to a week ago and stands at $4.59 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.39/gallon while the most expensive was $5.89, a difference of $1.50/gallon. The lowest price in the state was $3.71 while the highest was $7.09, a difference of $3.38/gallon.

The national average price of gasoline has risen 51.1 cents per gallon in the last week, averaging $3.45/gallon on March 8. The national average is up 54.1 cents per gallon from a month ago and stands 41.6 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“In just a week, consumers have seen gasoline prices surge at one of the fastest rates in years after oil prices spiked following U.S. strikes on Iran and the effective closure of the Strait of Hormuz,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With additional attacks across the Middle East over the weekend pushing oil above $100 per barrel for the first time in years, fuel markets are now rapidly recalibrating to the risk of prolonged disruption to global supply flows. As a result, gasoline prices in many states could climb another 20 to 50 cents per gallon this week.”

Neighboring areas and their current gas prices include: Stockton - $4.95/gallon, up 54.6 cents from last week’s $4.40; Oakland - $5.20, up 55.1 cents per gallon from $4.65; and San Jose - $5.20/g, up 60.1 cents per gallon from last week’s $4.60/gallon.

Historical gasoline prices in Modesto and the national average going back five years show the highest Modesto price of March 9 was $4.63 in 2024 and the lowest was $3.55 per gallon in 2021. Highest March 9 U.S. average was $4.32 in 2022 and the lowest was $2.81 in 2021.

GasBuddy, a PDI Technologies company, delivers real-time prices at 150,000+ stations and is the most authoritative source of station-level fuel pricing data, updating averages 288 times daily from the broadest mix of inputs— spotter reports, direct station integrations, and transactional data.