Average retail gasoline prices in Modesto have risen 1.8 cents per gallon in the past week, averaging $2.81/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has not moved in the last week, staying steady at $2.34/gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 39.8 cents per gallon higher than the same day one year ago and are 2.3 cents per gallon higher than a month ago. The national average has increased 9.8 cents per gallon during the last month and stands 22.4 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on Aug. 14 in Modesto have ranged widely over the last five years: $2.41/gallon in 2016, $3.18 in 2015, $3.78 in 2014, $3.70 in 2013 and $4.01/gallon in 2012.
Areas near Modesto and their current gas price climate include: Stockton - $2.83/gallon, down 0.7 cents per gallon from last week’s $2.84; Oakland - $3.01, up 1.6 cents; San Jose - $2.99, flat from last week's $2.99/gallon.
“For the fourth straight week gasoline prices have risen, pushing the national average this week to its highest level of the summer so far,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “There are some signs, however, that we may be nearing a short-term peak as the climb in gasoline prices has begun to slow.”
GasBuddy is the technology company changing the way more than 60 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 60 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.