Average retail gasoline prices in Modesto have risen 1.4 cents per gallon in the past week, averaging $2.70/gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 3.9 cents per gallon in the last week to $2.36/gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 62.7 cents per gallon lower than the same day one year ago and are 7.1 cents per gallon higher than a month ago. The national average has increased 14.2 cents per gallon during the last month and stands 39.5 cents per gallon lower than this day one year ago.
“The first week of the summer driving season saw the national average price of gasoline rise by less than 4 cents per gallon, but some states saw much greater volatility resulting from regional refinery setbacks and/or wholesale fuel spikes,” said Gregg Laskoski, senior petroleum analyst for GasBuddy. “Kentucky, Indiana, Illinois, Ohio and Michigan saw their respective state averages increase from 5 to 10 cents per gallon in recent days; impacted by an unplanned outage at Detroit’s Marathon refinery and a jump in Chicago wholesale which closed the week at the highest price level in the country. But it was Florida that saw the greatest increase in retail prices nationwide with its average jumping by 10 cents per gallon triggered by a mid-week spike in Gulf Coast wholesale fuel. Texas, Louisiana and Alabama prices at the pump also increased, but only by half the amount seen in the Sunshine State, where motorists pay the highest gasoline taxes in the Southeast.”
According to GasBuddy historical data, gasoline prices on June 6 in Modesto have ranged widely over the last five years: $3.33/gallon in 2015, $3.98 in 2014, $3.84 in 2013, $4.13 in 2012 and $3.88/gallon in 2011.
Areas nearby Modesto and their current gas price climate include: Stockton - $2.73/gallon, up 2.4 cents per gallon from last week’s $2.71; Oakland - $2.85, up 1.6 cents per gallon from $2.84; San Jose - $2.88, up 1.3 cents per gallon from last week’s $2.87/gallon.
GasBuddy is the premiere source for real-time local gas prices. 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.