Average gasoline prices in Modesto have fallen 6.0 cents per gallon in the last week, averaging $4.09/gallon as of Dec. 1, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 19.2 cents per gallon lower than a month ago and stand 6.7 cents per gallon higher than a year ago. The national average price of diesel has decreased 5.5 cents compared to a week ago and stands at $3.72 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.68/gallon while the most expensive was $4.89, a difference of $1.21/gallon. The lowest price in the state was $3.01 while the highest was $6.79, a difference of $3.78/gallon.
The national average price of gasoline has fallen 8.5 cents per gallon in the last week, averaging $2.95/gallon on Dec. 1. The national average is down 6.9 cents per gallon from a month ago and stands 5.4 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 - $4.08/gallon, down 10.1 cents per gallon from last week’s $4.18; Oakland - $4.38, down 5.8 cents from $4.44; and San Jose - $4.35, down 1.4 cents per gallon from last week’s $4.37/gallon.
“Nearly every state saw average gas prices fall heading into Thanksgiving, with the national average dipping below $3 per gallon for several consecutive days – falling to $2.95/gallon over the weekend, the lowest level since May 2021,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With refinery maintenance largely complete and OPEC increasing oil production for December, oil prices have struggled. Combine those factors and you have a solid recipe for continued downward pressure on gas prices in the weeks ahead. A few dozen stations are already offering gas under $2 per gallon, and we could see that number grow as we move further into the holiday season. It couldn’t come at a better time for Americans – with relief arriving just as the holidays kick off.”
Historical gasoline prices in Modesto and the national average going back 10 years show the highest Modesto price of $4.55 per gallon was on Dec. 1, 2021 while the highest U.S. average of $3.42 was on Dec. 1, 2022.
Lowest Modesto average price of $2.38 per gallon was on Dec. 1, 2016 and the lowest U.S. average of $2.03 was on Dec. 1, 2015.
GasBuddy, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. With over 100 million app downloads, GasBuddy delivers real-time prices at 150,000+ stations and is the most authoritative source of station-level fuel pricing data, updating averages 288 times daily from the broadest mix of inputs – spotter reports, direct station integrations, and transactional data.