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Nationwide Dip, Local Rise In Pump Prices
gas buddy

Modesto gas prices have risen 4.4 cents per gallon in the past week, averaging $4.59/gallon on Nov. 15, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 26.7 cents per gallon higher than a month ago and stand $1.60/gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.17/gallon on Monday while the most expensive was $5.09, a difference of 92.0 cents per gallon. The lowest price in the state Monday $3.75/gallon while the highest was $6.39, a difference of $2.64/gallon.

The national average price of gasoline has fallen 2.6 cents per gallon in the last week, averaging $3.40/gallon. The national average is up 9.5 cents per gallon from a month ago and stands $1.28/gallon higher than a year ago.

Neighboring areas and their current gas prices include: Stockton - $4.60/gallon, unchanged from last week; Oakland - $4.76/gallon, up 2.8 cents from $4.73; and San Jose - $4.75/gallon, unchanged from last week.

“As of Sunday evening, the national average price of gasoline posted its first weekly decline in months. As the price of oil continues to struggle, COVID cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While it’s not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday.”

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.