Modesto gas prices have risen 2.8 cents per gallon in the past week, averaging $3.06/gallon as of Monday, Dec. 28, according to GasBuddy’s daily survey of 201 stations. Gas prices in Modesto are 9.6 cents per gallon higher than a month ago and stand 15.3 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $2.69/gallon on Dec. 28 while the most expensive was $3.69, a difference of a dollar per gallon. The lowest price in the state on Dec. 28 was $2.39 while the highest was $4.99, a difference of $2.60/gallon.
The national average price of gasoline has risen 0.7 cents per gallon in the last week, averaging $2.25/gallon as of Monday, Dec. 28. The national average is up 13.8 cents per gallon from a month ago and stands 32.6 cents per gallon lower than a year ago.
Neighboring areas and their current gas prices include: Stockton - $3.10/gallon, up 1.2 cents per gallon from last week’s $3.09; Oakland - $3.31, up 1.6 cents from $3.30/gallon; and San Jose - $3.30, up 1 cent per gallon from last week’s $3.29.
“Average gasoline prices continue to move higher in most areas as retail gas prices continue to follow the rising price of crude oil which remains near the highest level since COVID-19 began in March,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Seasonal factors have sat in the backseat compared to a modest recovery in demand and a healthy dose of optimism that a COVID-19 vaccine will bring normal demand levels in the coming year. For now, it’s not the best news for motorists as I expect gas prices may continue their ascent, but while it won’t last forever, it’s likely a sign of what’s to come in 2021- higher prices. The year ahead will be likely marked by recovery in the pandemic and rising demand, and for motorists interested in what’s coming to the pump GasBuddy will be releasing our 2021 Fuel Price Outlook in the days ahead, which will hopefully give motorists some idea of what to plan for in terms of pain at the pump.”
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.