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Region Still Seeing Rise In Pump Prices
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Gas prices in the region continue to slowly climb, with the average retail gasoline prices in Modesto rising 3.3 cents per gallon in the past week, averaging $3.14/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 0.9 cents per gallon in the last week to $2.52/gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Modesto during the past week, prices Sunday were 39.2 cents per gallon higher than the same day one year ago and are 5.3 cents per gallon higher than a month ago. The national average has decreased 8.3 cents per gallon during the last month and stands 21.0 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on March 5 in Modesto have ranged widely over the last five years: $2.75/gallon in 2017, $2.20 in 2016, $3.25 in 2015, $3.70 in 2014 and $4.04/gallon in 2013.

Areas near Modesto and their current gas price climate include: Stockton - $3.15/gallon, down 0.4 cents per gallon from last week’s $3.16; Oakland - $3.35, up 1.6 cents per gallon from last week’s $3.34; and San Jose - $3.33, up 1 cent per gallon from last week’s $3.32/gallon.

“Despite the rough ride crude oil received in the latter half of last week, gasoline prices managed a rally, pushing the national average for the week into positive territory for the first time in a month. This confirmed what was noted here last week; March comes in like a lamb but goes out like a lion,” said Dan McTeague, senior petroleum analyst for GasBuddy.

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.

GasBuddy is the technology company changing the way more than 70 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.