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Favorable gas price outlook for summer
gas pumps

Average gasoline prices in Modesto have fallen 10.9 cents per gallon in the last week, averaging $5.01/gallon as of May 20, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 40.1 cents per gallon lower than a month ago and stand 53.4 cents per gallon higher than a year ago. The national average price of diesel has fallen 3.3 cents in the last week and stands at $3.86 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.49/gallon while the most expensive was $5.89, a difference of $1.40/gallon. The lowest price in the state was $4.09 while the highest was $8.55, a difference of $4.46/gallon.

The national average price of gasoline has fallen 3.5 cents per gallon in the last week, averaging $3.55/gallon. The national average is down 12.0 cents per gallon from a month ago and stands 2.2 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.

“The news continues to be good for motorists ahead of Memorial Day, with gasoline prices again falling, making it four straight weeks of declines for the national average as we get closer to the start of the summer driving season,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The good news doesn’t necessarily end there, either. GasBuddy’s Summer Travel Forecast will also give motorists mostly good news for the rest of the summer, predicting that gas prices over the next few months will stay far under record levels and should continue trending lower as we get closer to July 4. While the Middle East, hurricane season, refinery maintenance and any other unexpected disruptions or weather remain wildcards, this summer is shaping up to be mostly favorable for drivers hitting the road.”

Historical gasoline prices in Modesto and the national average going back 10 years show the lowest price in Modesto was recorded on May 20, 2020 when it was $2.58 per gallon and the highest was May 20, 22 when the price spiked at $5.88 per gallon. Nationwide, the lowest May 20 price was in 2020 at $1.94 per gallon and highest in 2022, at $4.60.

Neighboring areas and their current gas prices include: Stockton - $5.02/gallon, down 6.4 cents from $5.09; Oakland - $5.24, down 9.5 cents from last week’s $5.33; and San Jose - $5.21, down 10.8 cents per gallon from last week’s $5.31/gallon.

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.