Mo­torists En­joy Price Drop

Riverbank News - - NEWS -

Ga­so­line prices in Modesto have fallen 6.5 cents per gal­lon in the past week, av­er­ag­ing $3.45/gal­lon Sun­day, ac­cord­ing to GasBuddy’s daily sur­vey of 201 sta­tions in Modesto. This com­pares with the na­tional av­er­age that has in­creased 1.3 cents per gal­lon ver­sus last week to $2.87/ gal­lon, ac­cord­ing to GasBuddy.

Av­er­age ga­so­line prices on July 16 in Modesto have ranged widely over the last five years: $2.78/gal­lon in 2017, $2.65 in 2016, $3.34 in 2015, $3.96 in 2014 and $3.85/gal­lon in 2013.

In­clud­ing the change lo­cally dur­ing the past week, prices Sun­day were 67.1 cents per gal­lon higher than a year ago and are 10.2 cents per gal­lon lower than a month ago. The na­tional av­er­age has dropped 2.4 cents per gal­lon dur­ing the last month and stands 63.3 cents per gal­lon higher than a year ago.

“While just over half of the na­tion’s states saw av­er­age prices mov­ing lower, the other half saw prices fall. A very mixed week as oil prices col­lapsed Wed­nes­day, open­ing the door for a round of late­week price drops, but mo­torists shouldn’t be fooled – it may not last long,” said Pa­trick DeHaan, head of pe­tro­leum anal­y­sis for GasBuddy. “Two things are for sure in one’s life­span: death and taxes, but you can add un­cer­tainty at the pump, es­pe­cially this sum­mer.”

Ar­eas near Modesto and their cur­rent gas price cli­mate in­clude: Stock­ton - $3.55/gal­lon, up 0.6 cents per gal­lon from last week’s $3.55; Oak­land - $3.70, down 0.6 cents per gal­lon; and San Jose - $3.69, down one cent from last week’s $3.70/gal­lon.

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 crowd­sourced 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.

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