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Motorists see double digit pump price dip
GAS BUDDY

Average gasoline prices in Modesto have fallen 14.6 cents per gallon in the last week, averaging $4.45/gallon as of March 10. That’s according to GasBuddy’s survey of 201 stations in Modesto, which shows that prices in Modesto are 8.7 cents per gallon higher than a month ago but stand 19.2 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.79/gallon while the most expensive was $5.31, a difference of $1.52/gallon. The lowest price in the state was $3.62 while the highest was $7.89, a difference of $4.27/gallon.

The national average price of gasoline has fallen 0.6 cents per gallon in the last week, averaging $3.03/gallon. The national average is down 8.9 cents per gallon from a month ago and stands 36.7 cents per gallon lower 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.

Neighboring areas and their current gas prices include: Stockton - $4.43/gallon, down 7.8 cents from last week’s $4.51; Oakland - $4.75, down 9.0 cents $4.84; and San Jose - $4.70, down 6.7 cents per gallon from last week’s $4.77/gallon.

“The average price of gasoline in the U.S. hasn’t been this low in March since 2021, when the pandemic significantly reduced demand and kept prices suppressed. This time around, caution is also playing a role in keeping prices lower – particularly uncertainty over tariffs, which is likely having a moderate impact,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Concerns about the direction of the economy could have a major influence on fuel prices in the months ahead, especially with the high level of uncertainty surrounding tariffs. Additionally, OPEC+ announced last week that it would gradually begin restoring oil production after nearly two years of cuts, adding further downward pressure on oil prices. As a result, the typical seasonal rise in gas prices has yet to materialize, and if and when it does, it may be considerably smaller than expected.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. 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.