Modesto gas prices have risen 1.7 cents per gallon in the past week, averaging $3.07/gallon on Monday, Oct. 19, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 2.8 cents per gallon higher than a month ago and stand 89.9 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto is priced at $2.69 while the most expensive is $3.67, a difference of 98.0 cents per gallon. The lowest price in the state on Oct. 19 was $2.39/gallon while the highest was $4.99, a difference of $2.60/gallon.
The national average price of gasoline has fallen 2.9 cents per gallon in the last week, averaging $2.15. The national average is down 1.7 cents per gallon from a month ago and stands 50.0 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.07/gallon, down 6.3 cents per gallon from last week’s $3.13; Oakland - $3.27, down 3.6 cents per gallon from $3.31; and San Jose - $3.25, down 3.8 cents per gallon from last week’s $3.29.
“Gas prices have continued to remain subdued in large part due to the stalemate in Washington that’s holding back another round of stimulus for Americans, which could boost the economy and oil demand and help Americans get back to work,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Absent some resolve from lawmakers to boost the economy, we’re likely in store for another week of sideways price movements, keeping average gas prices near current levels for the fourth straight month. We may continue to see us stuck in this territory until there’s meaningful change in our COVID-19 outlook.”
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.
