Average gasoline prices in Modesto have fallen 29.9 cents per gallon in the last week, averaging $4.14/gallon as of Dec. 12, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 96.9 cents per gallon lower than a month ago and stand 42.2 cents per gallon lower than a year ago. The national average price of diesel has fallen 14.9 cents in the last week and stands at $4.91 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.59/gallon while the most expensive was $4.99, a difference of $1.40/gallon. The lowest price in the state was $3.25 while the highest was $7.79, a difference of $4.54/gallon.
The national average price of gasoline has fallen 14.4 cents per gallon in the last week, averaging $3.21/gallon on Dec. 12. The national average is down 56.5 cents per gallon from a month ago and stands 11.0 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.
Neighboring areas and their current gas prices include: Stockton - $4.19/gallon, down 16.9 cents per gallon from last week’s $4.36; Oakland - $4.43, down 18.9 cents per gallon from $4.62; and San Jose - $4.50/gallon, down 22.2 cents per gallon from last week’s $4.72/gallon.
“Not only has the decline in gasoline prices lasted five straight weeks, with again every state seeing a weekly decline in its average, but average diesel prices have fallen in 49 states over the last week as well. The relief is saving Americans roughly $20 per fill-up compared to six months ago,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “On the previously hard-hit West Coast, average prices have fallen nearly $2 per gallon since October. Fifteen states now have average gasoline prices of $2.99 or less, with several more to join this week. We remain on schedule to see the national average gas price fall below $3 by Christmas, with diesel set to fall 50 cents to $1 per gallon over the next six weeks or so.”
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.