Prices at the pump saw a slight uptick as the region winds its way through summer.
Average gasoline prices in Modesto have risen 3.1 cents per gallon in the last week, averaging $4.10/gallon on July 28, based on GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 19.9 cents per gallon lower than a month ago and stand 17.2 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.59/gallon while the most expensive was $5.09, a difference of $1.50/gallon. The lowest price in the state was $3.49 while the highest was $6.79, a difference of $3.30/gallon.
The national average price of gasoline has risen 0.9 cents per gallon in the last week, averaging $3.10/gallon. The national average is down 6.5 cents per gallon from a month ago and stands 37.5 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.
The national average price of diesel has increased 1.6 cents in the last week and stands at $3.70 per gallon.
Neighboring areas and their current gas prices include: Stockton - $4.22/gallon, down 1.6 cents per gallon from $4.24; Oakland - $4.48, down 1.9 cents from last week’s $4.50; and San Jose - $4.42/gallon, down 1.5 cents from last week’s $4.44/gallon.
Historical gasoline prices in Modesto and the national average going back 10 years show the lowest price of $2.53 per gallon in Modesto recorded on July 28, 2016 and the highest of $5.43 recorded in 2022. The lowest U.S. average on July 28 was $2.13 in 2016 and the highest was $4.23 per gallon on July 28, 2022.
“It’s been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.”
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.
