Modesto gas prices have fallen 2.2 cents per gallon in the past week, averaging $2.93/gallon on Monday, July 13 according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 9.9 cents per gallon higher than a month ago and stand 64.6 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.66/gallon Monday while the most expensive was $3.39, a difference of 73.0 cents per gallon. The lowest price in the state as of July 13 was $2.43/gallon while the highest was $5.00, a difference of $2.57/gallon.
The national average price of gasoline has risen 1.1 cents per gallon in the last week, averaging $2.19/gallon. The national average is up 8.8 cents per gallon from a month ago and stands 60.8 cents per gallon lower than a year ago.
“According to GasBuddy data, gasoline demand continues to struggle as of late, hitting some mid-summer blues as coronavirus cases continue to see upward movement in more states, but it hasn’t been a sharp enough drop to push gas prices lower last week,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While prices for this time of year remain the lowest in over 15 years, it’s still easy to spend more than you need to on gas by letting your guard down, especially now with several states raising gasoline taxes in the midst of summer. For now, I continue to expect gas prices to move sideways – that is – the lack of a clear national trend for now, some will rise, some will fall, as we remain in a COVID-19 holding pattern.”
Neighboring areas and their current gas prices include: Stockton - $3.01/gallon, down 1.6 cents per gallon from last week’s $3.03; Oakland - $3.18, up 2.2 cents from $3.16; and San Jose - $3.17, down 0.4 cents per gallon from $3.18/gallon.
In the last 10 years, the highest average price recorded on July 13 in Modesto was $3.97/gallon in 2104 while the lowest was $2.66/gallon in 2016. Nationwide, the highest July 13 price in the last decade was $3.64 in 2011 and the lowest average price was $2.22 in 2016.
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.