Modesto gas prices have fallen 5.2 cents per gallon in the past week, averaging $3.13/gallon Monday, March 2, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 6.3 cents per gallon lower than a month ago and stand 6.1 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.88/gallon on March 2 while the most expensive was $3.83, a difference of 95.0 cents per gallon. The lowest price in the state Monday was $2.70 while the highest was $4.89, a difference of $2.19/gallon. The cheapest price in the entire country on March 2 stood at $1.69/gallon while the most expensive was $4.89, a difference of $3.20/gallon.
The national average price of gasoline has fallen 6.2 cents per gallon in the last week, averaging $2.41/gallon as of March 2. The national average is down 4.4 cents per gallon from a month ago and stands 1.8 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.18, down 5.3 cents per gallon from last week’s $3.23; Oakland - $3.45/gallon, down 3.6 cents from $3.48; and San Jose - $3.38, down 3.6 cents per gallon from last week’s $3.42/gallon.
“As the spread of the coronavirus induces panic on markets, oil prices have been walloped and motorists should avoid filling up as the plummet in oil prices starts showing up at their local gas station in the days ahead,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Nearly every village, town and city in every state will see gas prices dropping – the pace may vary, of course – but over the next week gas prices will move lower solidly, barring any dramatic improvement in the spread of the virus.”
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.