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Summer Driving Season Sees Jump In Prices
Gas Price

Average gasoline prices in Modesto have risen 10.7 cents per gallon in the last week, averaging $6.27/gallon as of June 13, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 63.0 cents per gallon higher than a month ago and stand $2.16/gallon higher than a year ago. The price of diesel has fallen 4.0 cents nationally in the past week and stands at $5.50 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $5.86 while the most expensive was $6.89, a difference of $1.03/gallon. The lowest price in the state on June 13 was $5.30 while the highest was $9.63, a difference of $4.33/gallon.

The national average price of gasoline has risen 15.7 cents per gallon in the last week, averaging $5.01/gallon as of June 13. The national average is up 57.1 cents per gallon from a month ago and stands $1.94/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 - $6.32/gallon, up 10.8 cents per gallon from last week’s $6.22; Oakland - $6.55, up 12.0 cents per gallon from $6.43; and San Jose - $6.52, up 5.9 cents from last week’s $6.46/gallon.

“For the first time ever, last week saw the national average reach the $5 per gallon mark, as nearly every one of the nation’s 50 states saw prices jump. For now, the upward momentum may slow down, but prices are still just one potential supply jolt away from heading even higher,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Gasoline demand, while rising seasonally, is still well below previous records, but remains impressive with prices in all states at record levels. Should the rise in price finally start to slow demand, we could see some breathing room, but for now, it seems like Americans are proving resilient to record highs.”

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://prices.GasBuddy.com.