Average retail gasoline prices in Modesto have fallen 3.1 cents per gallon in the past week, averaging $2.81/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has fallen 2.7 cents per gallon in the last week to $2.22/gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 12.0 cents per gallon higher than the same day one year ago and are 20.8 cents per gallon lower than a month ago. The national average has decreased 15.4 cents per gallon during the last month and stands 4.8 cents per gallon lower than this day one year ago.
According to GasBuddy historical data, gasoline prices on July 3 in Modesto have ranged widely over the last five years: $2.69/gallon in 2016, $3.15 in 2015, $4.00 in 2014, $3.79 in 2013 and $3.66/gallon in 2012.
Areas near Modesto and their current gas price climate include: Stockton - $2.83/gallon, down 2.8 cents per gallon from last week’s $2.86; Oakland - $2.99, down 2.8 cents from last week’s $3.02; San Jose- $2.97, down 2.8 cents per gallon from last week’s $3.00/gallon.
“While it has been over a month since the national average last saw a weekly rise, it is looking more likely we will soon face just that,” said Dan McTeague, senior petroleum analyst for GasBuddy.com. “While gasoline prices will likely begin to creep higher, the summer driving season could still end up being the lowest overall average since 2005.”
For live fuel price averages, visit http://FuelInsights.GasBuddy.com.
GasBuddy is the technology company changing the way more than 60 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 60 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.