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Slight Dip In Pump Prices This Week
gas buddy

Average gasoline prices in Modesto have fallen 0.3 cents per gallon in the last week, averaging $4.60/gallon as of June 26, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 15.8 cents per gallon higher than a month ago and stand 156.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 0.2 cents in the last week and stands at $3.84 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.14/gallon while the most expensive was $5.29, a difference of $1.15/gallon. The lowest price in the state as of June 26 was $3.99/gallon while the highest was $18.00, a difference of $14.01/gallon.

The national average price of gasoline is unchanged in the last week, averaging $3.54/gallon. The national average is down 1.5 cents per gallon from a month ago and stands 134.2 cents per gallon lower 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 - $4.54/gallon, down 2.9 cents from last week’s $4.57; Oakland - $4.77, down 2.6 cents per gallon from $4.80/gallon; and San Jose - $4.75/gallon, unchanged from last week.

“It’s been another generally sideways week for the national average, which has remained stuck in the $3.50-$3.60 per gallon range since late April with fundamentals generally holding pretty stable, even though oil prices have bounced around between $65-$80 in the same timeframe,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While some states saw big increases from last week, I expect those states to see a calmer week ahead. Other states saw prices fall, and some like Arizona fell significantly as some of the kinks in supply have improved there over the last few weeks. Ultimately, we could see the national average nudge a bit lower in the week ahead, should oil prices fail to rally.”

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.