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Slight Hike Seen At Pump
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Gasoline prices in Modesto have risen 1.7 cents per gallon in the past week, averaging $3.43/gallon Sunday, according to GasBuddy’s daily survey of 201 stations in Modesto. This compares with the national average that is unchanged versus last week at $2.86/gallon, according to GasBuddy.

Including the change locally during the past week, prices Sunday were 65.0 cents per gallon higher than a year ago and are 5.7 cents per gallon lower than a month ago. The national average has dropped 0.7 cents per gallon during the last month and stands 52.1 cents per gallon higher than a year ago.

Average gasoline prices on Aug. 6 in Modesto have ranged widely over the last five years: $2.78/gallon in 2017, $2.44 in 2016, $3.26 in 2015, $3.82 in 2014 and $3.76/gallon in 2013.

Areas near Modesto and their current gas price climate include: Stockton - $3.49/gallon, down 1.2 cents per gallon from last week’s $3.50/gallon; Oakland - $3.66, down 0.4 cents per gallon from $3.66; and San Jose - $3.64, down 1.9 cents per gallon from last week’s $3.66/gallon.

“The national average price of gasoline jumped to start last week before slowly tapering off during the latter half, but remains very close to their week ago levels. Oil prices have held under $70 per barrel, giving promise to gas prices that will continue to hold near where they have spent much of the summer so far,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “With several bullish and bearish factors weighing on oil prices, you may see gas prices stuck in some sort of late summer blues before motorists see more sizable relief coming after Labor Day.”

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.

GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.