Modesto gas prices have fallen 2.1 cents per gallon in the past week, averaging $4.25/gallon as of Monday, Sept. 20, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 6.1 cents per gallon lower than a month ago and stand $1.19/gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.77/gallon on Sept. 20 while the most expensive was $4.79, a difference of $1.02/gallon. The lowest price in the state was $3.49 while the highest was $5.65, a difference of $2.16/gallon.
Neighboring areas and their current gas prices include: Stockton - $4.23/gallon, down 1.8 cents per gallon from last week’s $4.25; Oakland - $4.44, down 2.0 cents from $4.46; and San Jose - $4.43/gallon, down 0.9 cents from last week’s $4.44/gallon.
The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.18/gallon on Monday, Sept. 20. The national average is up 1.8 cents per gallon from a month ago and stands $1.01/gallon higher than a year ago.
“Gas prices have been stuck in somewhat of a limbo and remain near 2021 highs long after Hurricane Ida has dissipated. The damage done to oil production has been left behind and so far has prevented prices from resuming their seasonal decline,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Ida caused the loss of over 30 million barrels of oil production in the Gulf of Mexico, and with gasoline demand remaining relatively high for the season, oil inventories remain relatively tight, preventing any organized decline in gas prices for the time being. As a result, we may have to wait a couple more weeks until hurricane season slows for oil inventories to start to rise and gas prices to fall.”
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.