Average retail gasoline prices in Modesto have risen 9.6 cents per gallon in the past week, averaging $2.56 per gallon Sunday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 5.6 cents per gallon in the last week to $2.04/gallon, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Modesto during the past week, prices Sunday were 48.5 cents per gallon lower than the same day one year ago and are 48.9 cents per gallon higher than a month ago. The national average has increased 29.5 cents per gallon during the last month and stands 38.7 cents per gallon lower than this day one year ago.
According to GasBuddy historical data, gasoline prices on March 28 in Modesto have ranged widely over the last five years: $3.04/gallon in 2015, $3.82 in 2014, $3.87 in 2013, $4.25 in 2012 and $3.96/gallon in 2011.
Areas nearby Modesto and their current gas price climate include: Stockton- $2.59/gallon, up 9.1 cents per gallon from last week’s $2.50/gallon; Oakland- $2.72, up 9.6 cents per gallon from last week’s $2.62; San Jose- $2.74, up 9.7 cents per gallon from last week’s $2.64.
“The rise in gasoline prices comes as refinery maintenance begins kicking into high gear,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “It’s not a fun time to be filling up as gasoline prices see their typical seasonal rise. However, this year’s jump thus far has seen average prices remain well below year ago levels across much of the nation. As crude oil prices fell gently last week back under $40 per barrel, motorists shouldn’t necessarily expect the worst increases to be over just yet. Until the bulk of refinery maintenance season wraps up in late May, we likely won’t see the lower oil prices immediately bring relief to the pump as oil and gasoline inventories continue to move in the opposite direction.”
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.