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Major Pump Price Hike
gas pump

Modesto gas prices have risen 24.1 cents per gallon in the past week, averaging $3.68/gallon on Monday, Sept. 30, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 27.5 cents per gallon higher than a month ago, and stand 18.7 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Modesto is priced at $3.12 gallon while the most expensive is $4.25, a difference of $1.13/gallon. The lowest price in the state on Sept. 30 was $3.25 while the highest was $6.24, a difference of $2.99/gallon. The cheapest price in the entire country as of Sept. 30 was measured at $1.89 while the most expensive was $6.24, a difference of $4.35/gallon.

The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $2.64/gallon on Monday, Sept. 30. The national average is up 7.0 cents per gallon from a month ago, yet stands 22.4 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices: Stockton - $3.81, up 30.0 cents per gallon from last week’s $3.51; Oakland - $4.00, up 25.0 cents per gallon from last week’s $3.75; and San Jose - $3.98, up 26.4 cents per gallon from last week’s $3.72/gallon.

“Oil prices have cooled back off after Saudi Arabia brought a significant portion of oil production and processing back online, helping the national average to begin moving lower again, but don’t tell California - which saw a massive spike of nearly 25 cents per gallon in the last week, fueled by refining issues there,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “While most of the country will likely see prices tip-toe lower as oil prices have moved lower, California will see prices move higher in the week ahead, with increases also possible in those areas that receive their gasoline from California - including Las Vegas.”

Prices in most of California were slightly higher earlier this year, but if they all rise by an additional 10 to 15 cents they may rival the highest level since 2014. Prices there will eventually start following the national average lower, but it may be several weeks before it becomes noticeable.

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.