Motorists in the region saw average gasoline prices in Modesto fall 6.8 cents per gallon in the last week, averaging $3.73/gallon as of Jan. 19. That’s according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 20.6 cents per gallon lower than a month ago and stand 43.3 cents per gallon lower than a year ago. The national average price of diesel has decreased 1.0 cents compared to a week ago and stands at $3.46 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.35/gallon while the most expensive was $4.49, a difference of $1.14/gallon. The lowest price in the state was $2.49 while the highest was $6.79, a difference of $4.30/gallon.
The national average price of gasoline has risen 3.1 cents per gallon in the last week, averaging $2.76/gallon. The national average is down 8.6 cents per gallon from a month ago and stands 32.3 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 - $3.68/gallon, down 2.4 cents per gallon from last week’s $3.70/gallon; Oakland - $4.09, down 0.9 cents from $4.10; and San Jose - $4.00/gallon, down 2.0 cents from last week’s $4.02.
“After seven straight weeks of declines, the national average price of gasoline has moved higher, breaking the streak as oil prices have climbed back near $60 per barrel after dipping into the mid-$50s,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “There’s still a window of opportunity to revisit—or even beat—recent gas price lows, but that window will begin to close soon. California will soon start transitioning back to cleaner summer gasoline, with most of the rest of the country following in a little over a month. However, with a surplus of winter gasoline built up after large inventory increases in recent weeks, we’re likely to see localized discounts as that fuel is cleared from the system before the seasonal rise becomes more organized in the weeks ahead.”
Historical gasoline prices in Modesto and the national average going back five years show the lowest Modesto price was $3.20 on Jan. 19, 2021 and the highest was $4.45 per gallon in 2022. Lowest U.S. average price of $2.40 per gallon was on Jan. 19, 2021 and the highest average price of $3.38 was in 2023.
GasBuddy, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. It 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.