Gasoline prices in Modesto have fallen 4.2 cents per gallon in the past week, averaging $3.41/gallon Sunday, according to GasBuddy’s daily survey of 201 stations in Modesto. This compares with the national average that has fallen 0.8 cents per gallon versus last week to $2.83/gallon, according to GasBuddy.
Average gasoline prices on Sept. 24 in Modesto have ranged widely over the last five years: $2.98/gallon in 2017, $2.62 in 2016, $2.69 in 2015, $3.56 in 2014 and $3.89/gallon in 2013.
Including the change locally during the past week, prices Sunday were 42.8 cents per gallon higher than a year ago and are 6.0 cents per gallon higher than a month ago. The national average is unchanged during the last month and stands 28.8 cents per gallon higher than a year ago.
Areas near Modesto and their current gas price climate include: Stockton - $3.48/gallon, up 1.2 cents per gallon from last week’s $3.47; Oakland - $3.68, down 0.6 cents from $3.68; and San Jose - $3.65, down one cent from last week’s $3.66/gallon.
“With a muted response from OPEC to President Trump’s exhortation via Twitter that OPEC do something to rein in high oil prices, we may see energy markets rally as concerns grow that Iran’s sanctions effective in November may pose more of a challenge to global supply than anticipated,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.
GasBuddy is the technology company changing the way more than 75 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 70 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.