Modesto gas prices have fallen 5.5 cents per gallon in the past week, averaging $3.21/gallon as of Feb. 15, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 10.0 cents per gallon higher than a month ago and stand 1.3 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.84/gallon on Monday while the most expensive was $3.79, a difference of 95.0 cents per gallon. The lowest price in the state was $2.69 while the highest was $5.29, a difference of $2.60/gallon.
The national average price of gasoline has risen 2.6 cents per gallon in the last week, averaging $2.50/gallon as of Monday, Feb. 15. The national average is up 11.0 cents per gallon from a month ago and stands 5.3 cents per gallon higher than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.28/gallon, down 4.6 cents from last week’s $3.33; Oakland - $3.46, down 0.5 cents from $3.46; and San Jose - $3.46, down 1 cent per gallon from last week’s $3.47/gallon.
“It’s not surprising that gasoline prices continue to follow oil prices higher, as the national average now stands at its highest level since January 2020 as Pay with GasBuddy data shows U.S. gasoline demand rose over two percent last week,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “The rise in gas prices continues to be driven by improving demand in the United States, and has nothing to do with who sits in the White House, but rather how many motorists are filing their tanks on a daily basis, and from that data, it’s no guess, but prices will continue to trend higher. The situation won’t get better, just wait until spring, it’s likely the national average will rise another 10 to as much as 50 cents per gallon if oil production doesn’t respond to the continued recovery in demand.”
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.
