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Slight Dip Seen In Pump Prices
gas buddy

Modesto gas prices have fallen 3.0 cents per gallon in the past week, averaging $4.25/gallon as of Monday, Oct. 4. That’s according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 3.4 cents per gallon lower than a month ago and stand $1.18/gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.83/gallon on Monday while the most expensive was $4.79, a difference of 96.0 cents per gallon. The lowest price in the state was $3.43 while the highest was $6.29, a difference of $2.86/gallon.

The national average price of gasoline is unchanged in the last week, averaging $3.18/gallon as of Oct. 4. The national average is unchanged from a month ago and stands $1.01/gallon higher than a year ago.

“We’ve seen very little overall movement in gas prices over the last week with prices remaining near their 2021 highs as crude oil prices remain well above $70 on supply concerns and strong global demand,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “With energy in high demand ahead of the winter heating season and a surge in global demand due to COVID-induced imbalances, we’re not likely to see a meaningful decline at the pump any time soon, but unfortunately, could see prices holding near these levels for the next few weeks.”

Neighboring areas and their current gas prices include: Stockton - $4.21/gallon down 6.0 cents from last week’s $4.27/gallon; Oakland - $4.45, down 1.4 cents from last week’s $4.46; and San Jose - $4.46, up 1.6 cents per gallon from last week’s $4.44/gallon.

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.