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Prices at gas pumps are holding steady
gasbuddy

Drivers may have hit the highways for the holiday weekend, but average gasoline prices in Modesto were unchanged in the last week, averaging $4.71/gallon on May 27, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 15.6 cents per gallon higher than a month ago and stand 19.8 cents per gallon lower than a year ago. The national average price of diesel has decreased 3.2 cents in the last week and stands at $3.47 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.07/gallon while the most expensive was $5.37, a difference of $1.30/gallon. The lowest price in the state on May 27 was $3.72 while the highest was $8.29, a difference of $4.57/gallon.

The national average price of gasoline is unchanged in the last week, averaging $3.13/gallon. The national average is up 3.1 cents per gallon from a month ago and stands 43.0 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.

“While the national average didn’t fall quite as far as anticipated for Memorial Day, it was still one of the most affordable since 2021 – and, when adjusted for inflation, among the cheapest in nearly a decade,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “As we move into the heart of summer, I believe we’re likely to see a relatively stable stretch for gas prices as refinery maintenance wraps up. Don’t expect the national average to rise above $3.30 per gallon, nor drop much below $3 for now. While refining issues on the West Coast are beginning to ease, several factors could still influence prices in the weeks ahead – including growing uncertainty around the upcoming hurricane season.”

Neighboring areas and their current gas prices were all unchanged from the week prior, with Stockton at $4.73 per gallon, Oakland at $4.94 and San Jose at $4.95 per gallon.

Historical gasoline prices in Modesto and the national average going back 10 years show the highest Modesto average was $5.95 on May 27, 2022 and the highest U.S. average was on that same date in 2022, at $4.60 per gallon. Lowest Modesto price of $2.68 occurred on May 27 in both 2016 and 2020; while the lowest U.S. average price of $1.97 per gallon was recorded on May 27, 2020.

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.