Modesto gas prices have risen 4.9 cents per gallon in the past week, averaging $3.78/gallon on April 5, according to GasBuddy’s daily survey of 201 stations in Modesto. Gas prices in Modesto are 23.0 cents per gallon higher than a month ago and stand $1.05/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.25/gallon Monday, April 5 while the most expensive was $4.19, a difference of 94.0 cents per gallon. The lowest price in the state was $3.13 while the highest was $5.19, a difference of $2.06/gallon.
The national average price of gasoline has fallen 0.4 cents per gallon in the last week, averaging $2.86 as of April 5. The national average is up 9.9 cents per gallon from a month ago and stands 95.5 cents per gallon higher than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.77/gallon, up 1.5 cents per gallon from last week’s $3.75; Oakland - $3.93, up 1.7 cents per gallon from $3.92; and San Jose - $3.97, up 4.9 cents per gallon from last week’s $3.93/gallon.
“Last week was a mixed bag for consumers at the pump as gas prices in half of states rose, while the other half saw declines, with March closing like a lamb after starting out like a lion,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Oil prices have shown signs of strength in the last few trading sessions, as OPEC agreed to raise oil production starting in May by a very modest 350,000 barrels per day. Overall, it’s a small increase in output as global demand continues to show strength in light of COVID-related improvements. U.S. gasoline demand rose for the sixth straight week as consumers hit the road for Easter, and with demand growth likely to remain robust, we may see a second attempt at a run at a national average of $3 per gallon in the months ahead. While the last few weeks have seen gas prices hold mostly steady, it’s not likely to last forever, especially as Americans increasingly get outside as warmer temperatures return.”
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.