Modesto gas prices have risen 0.4 cents per gallon in the past week, averaging $3.72/gallon as of Monday, March 29, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 22.5 cents per gallon higher than a month ago and stand $1.00/gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.25/gallon Monday while the most expensive was $4.09, a difference of 84.0 cents per gallon. The lowest price in the state on March 29 was $3.11/gallon while the highest was $5.79, a difference of $2.68/gallon.
The national average price of gasoline has fallen 2.7 cents per gallon in the last week, averaging $2.84/gallon. The national average is up 12.9 cents per gallon from a month ago and stands 87.5 cents per gallon higher than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.74/gallon, down 2.4 cents per gallon from last week’s $3.77; Oakland - $3.92, up 0.4 cents from $3.91; and San Jose - $3.92, up 1.3 cents from last week’s $3.91/gallon.
“After the feverish rise in gas prices to start the year, increases have largely tapered off and we’re now seeing decreasing prices in most areas of the country, thanks to oil prices that have moderated for the time being,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Stateside, refiners have made the switch to summer gasoline and price impacts have been limited thus far, but demand for gasoline remains strong. Last week saw total gasoline demand at yet another pandemic high according to GasBuddy data. As we approach warmer weather and motorists are increasingly getting outside, it could drive prices higher, so long as COVID-19 cases don’t jump along with it and lead to new travel restrictions.”
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.