Modesto gas prices have fallen 3.6 cents per gallon in the past week, averaging $3.08/gallon as of Tuesday, Sept. 8, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 8.2 cents per gallon higher than a month ago and stand 34.3 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.67/gallon on Sept. 8 while the most expensive is $3.67, a difference of 100.0 cents per gallon. The lowest price in the state was $2.66 while the highest was $4.99, a difference of $2.33/gallon.
The national average price of gasoline has fallen 2.8 cents per gallon in the last week, averaging $2.21/gallon. The national average is up 3.7 cents per gallon from a month ago and stands 34.2 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.14/gallon, down 2.8 cents per gallon from last week’s $3.17; Oakland - $3.32, down 1.8 cents from $3.34; and San Jose - $3.31, down 1.1 cents per gallon from last week’s $3.32.
“Gas prices have started to fall as expected as oil prices have fallen slightly since Hurricane Laura moved on and as seasonal challenges come to into view,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “We’ll likely see additional downward movement in the weeks ahead with gasoline demand set to decline as we move into the fall months and as COVID-19 restrictions keep demand from rallying. It’s entirely possible we could see the national average fall under $2 per gallon by the end of the year without a major improvement in the situation.”
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.