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Sharp Rise In Prices Seen At Area Pumps
gas buddy

Average gasoline prices in Modesto have risen 26.6 cents per gallon in the last week, averaging $4.25/gallon as of Jan. 30, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 32.6 cents per gallon higher than a month ago and stand 9.7 cents per gallon lower than a year ago. The national average price of diesel has risen 5.4 cents in the last week and stands at $4.65 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.89/gallon while the most expensive was $4.99, a difference of $1.10/gallon. The lowest price in the state was $3.18 while the highest was $6.79, a difference of $3.61/gallon.

The national average price of gasoline has risen 9.7 cents per gallon in the last week, averaging $3.49/gallon as of Jan. 30. The national average is up 33.3 cents per gallon from a month ago and stands 14.1 cents per gallon higher 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 - $4.30/gallon, up 28.0 cents per gallon from $4.02; Oakland - $4.53, up 16.9 cents from last week’s $4.36; and San Jose - $4.54/gallon, up 20.3 cents per gallon from last week’s $4.34.

“The national average price of gasoline has risen for the fifth straight week as retailers pass along the rise in wholesale gasoline prices due to continued challenges: refinery utilization that still hasn’t fully recovered from December’s cold weather, and refinery maintenance season that’s just around the corner,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “There appears to be little good news on the gas price front, with prices unlikely to turn around any time soon. Because of the surge in prices last spring, many refineries that had planned maintenance deferred maintenance until 2023. With the can kicked to this year, we may have similar challenges producing enough refined products to meet demand, especially with the European Union cutting off refined products from Russia starting Feb. 5.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. 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.