Average retail gasoline prices in Modesto have fallen 1.8 cents per gallon in the past week, averaging $2.59/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has fallen 5.2 cents per gallon in the last week to $2.20/gallon according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 65.3 cents per gallon lower than the same day one year ago and are 9.2 cents per gallon lower than a month ago. The national average has decreased 8.5 cents per gallon during the last month and stands 83.9 cents per gallon lower than this day one year ago.
“October ends with the Halloween tradition of trick or treating. The good news for drivers is that the treats should extend into November,” said Jeff Pelton, GasBuddy’s senior petroleum analyst for the Northeast. “As refineries finish up their planned and in some cases unplanned (notably in the Midwest) rounds of maintenance, gasoline should return to the pumps at very high levels. That, coupled with the lower demand that comes with the fall season, should push November retail prices to fall another 10 to 12 cents.”
For a complete listing of current averages and other fuel price data, visit http://media.gasbuddy.com. For fuel news and alerts, follow @GasBuddyNews on Twitter. Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers, saving big money at the pump.