Modesto gas prices have risen 2.1 cents per gallon in the past week, averaging $3.91/gallon, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 48.3 cents per gallon higher than a month ago, and stand 51.5 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.65/gallon on April 29 while the most expensive was $4.29/gallon, a difference of 64 cents per gallon. The lowest price in the state on April 29 was $3.41 while the highest was $4.89, a difference of $1.48/gallon. The cheapest price in the entire country stood at $2.03 while the most expensive was $5.19, a difference of $3.16/gallon.
The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $2.88/gallon on April 29. The national average is up 18.7 cents per gallon from a month ago, and stands 7.7 cents per gallon higher than a year ago.
Neighboring areas and their current gas prices: Stockton - $3.93/gallon, up 0.4 cents per gallon from last week’s $3.92; Oakland - $4.09, up 4.6 cents from last week’s $4.04; and San Jose - $4.11, up 5.6 cents from $4.05/gallon.
“After a quiet week previously, the national average has resumed its upward climb in the last week with average gas prices rising in nearly all states yet again. This spring certainly has brought furious price increases at faster paces than we’ve seen in past years,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Peak prices are likely starting to enter into view for over the next few weeks for some states, mainly on the West Coast, while the national average will likely peak somewhere between two to five weeks from now before falling.”
DeHaan added that the homestretch is quickly coming into view and perhaps the best news for motorists is they may catch a break in June as prices moderate slightly as refiners finish maintenance and boost production.
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.