Double Digit Price Hike At Local Pumps

Average gasoline prices in Modesto have risen 10.1 cents per gallon in the last week, averaging $5.25/gallon as of Sept. 19, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 14.1 cents per gallon higher than a month ago and stood 99.9 cents per gallon higher than a year ago. The national average price of diesel has declined 7.0 cents in the last week and stands at $4.93 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.87/gallon while the most expensive was $5.89, a difference of $1.02/gallon. The lowest price in the state was $4.49 while the highest was $6.89, a difference of $2.40/gallon.

The national average price of gasoline has fallen 3.9 cents per gallon in the last week, averaging $3.64/gallon on Monday, Sept. 19. The national average is down 25.7 cents per gallon from a month ago and stands 45.9 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 – $5.21/gallon, up 4.0 cents from last week’s $5.17; Oakland – $5.49, up 5.7 cents per gallon from $5.44; and San Jose – $5.45/gallon, up 7.5 cents per gallon from last week’s $5.37/gallon.

“With a 14th consecutive weekly decline, the national average price of gasoline has now surpassed 2018’s record decline, seeing its longest downward streak since 2015,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While some states continue to see gas prices trend higher, the majority have continued to decline. However, this week could change the downward trend. With some issues arising in Plains and Great Lakes states as the transition to winter gasoline begins, I think we have the best potential to see the weekly trend of falling prices snapped. West Coast states also continue to see increases as unexpected refinery issues continue to percolate, preventing a downward move. While gasoline could nudge higher, diesel prices should continue to ease after a much-needed jump in inventories last week.”

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. GasBuddy data is accessible at http://prices.GasBuddy.com.

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