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Prices continue upward surge at area gas pumps
Gas Buddy

Average gasoline prices in Modesto have risen 28.7 cents per gallon in the last week, averaging $5.84/gallon as of Monday, May 4, according to GasBuddy’s survey of 201 stations in Modesto.

Prices in Modesto are 21.3 cents per gallon higher than a month ago and stand $1.26/gallon higher than a year ago. The national average price of diesel has increased 21.3 cents compared to a week ago and stands at $5.62 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $5.28 while the most expensive was $7.09, a difference of $1.81/gallon. The lowest price in the state was $4.39 while the highest was $8.49, a difference of $4.10/gallon.

The national average price of gasoline has risen 38.2 cents per gallon in the last week, averaging $4.42/gallon. The national average is up 32.6 cents per gallon from a month ago and stands $1.31/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.

Neighboring areas and their current gas prices include: Stockton - $5.79, up 15.0 cents per gallon from last week’s $5.64; Oakland - $6.10, up 20.2 cents from $5.90; and San Jose - $6.09/gallon, up 23.9 cents from last week’s $5.85/gallon.

“Gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes, where states like Michigan, Indiana, Ohio, and Illinois saw sharp spikes, while Wisconsin experienced more modest gains,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “At the same time, diesel prices surged to new records in parts of the region, with some areas touching the $6-per-gallon mark. While refinery outages were a key driver behind those outsized increases, early signs of improvement could help ease some of the most extreme price pressures in the Great Lakes in the days ahead.”

Historical gasoline prices in Modesto and the national average going back five years show the highest Modesto price was $5.46 per gallon on May 2, 2022 and the lowest of $3.87 was in 2021. Highest U.S. average on May 4 was $4.24 per gallon in 2022, lowest was $2.92 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.