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Prices at pump jump up during past week
1-28 GAS

Average gasoline prices in Modesto have risen 11.2 cents per gallon in the last week, averaging $3.85/gallon as of Monday, Jan. 26, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 0.8 cents per gallon lower than a month ago and stand 34.5 cents per gallon lower than a year ago. The national average price of diesel has increased 7.8 cents compared to a week ago and stands at $3.54 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.29 while the most expensive was $4.59, a difference of $1.30/gallon. The lowest price in the state was $2.59 while the highest was $6.79, a difference of $4.20/gallon.

The national average price of gasoline has risen 7.5 cents per gallon in the last week, averaging $2.84/gallon on Jan. 26. The national average is up 3.6 cents per gallon from a month ago and stands 23.9 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Neighboring areas and their current gas prices include: Stockton - $3.81/gallon, up 13.1 cents from $3.68; Oakland - $4.17, up 7.9 cents from $4.09; and San Jose - $4.08/gallon, up 8.0 cents from last week’s $4.00/gallon.

“Average gasoline prices have jumped for a second straight week as oil prices have climbed back above the $60-per-barrel mark amid ongoing geopolitical tensions,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “New sanctions on Iran’s oil are making it more difficult for those barrels to reach the market, tightening supply, while the major winter storm that sent temperatures plunging is also likely to impact refineries, causing disruptions and reduced output. Diesel prices have jumped as colder weather boosts demand for heating oil, a combination that could keep both gasoline and diesel prices moving higher in the week ahead.”

GasBuddy, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. With over 100 million app downloads, GasBuddy delivers real-time prices at 150,000+ stations and is the most authoritative source of station-level fuel pricing data, updating averages 288 times daily from the broadest mix of inputs— spotter reports, direct station integrations, and transactional data.