Average gasoline prices in Modesto have fallen nearly 30 cents, dropping by 28.7 cents per gallon in the last week, averaging $4.17/gallon on Monday, June 16. That’s according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 70.6 cents per gallon lower than a month ago and stand 45.2 cents per gallon lower than a year ago. The national average price of diesel has increased 4.0 cents in the last week and stands at $3.48 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.79/gallon while the most expensive was $4.79, a difference of one dollar per gallon. The lowest price in the state was $3.03 while the highest was $8.20, a difference of $5.17/gallon.

The national average price of gasoline has risen 1.1 cents per gallon in the last week, averaging $3.08/gallon as of June 16. The national average is down 9.5 cents per gallon from a month ago and stands 32.7 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 - $4.36/gallon, down 10.4 cents from last week’s $4.46; Oakland - $4.71, down 4.4 cents from $4.75; and San Jose - $4.67, down 6.4 cents per gallon from last week’s $4.74/gallon.

Despite the recent drops, Patrick De Haan, head of petroleum analysis at GasBuddy, said the Middle East conflict sets the stage for price hikes.

“As long as tensions in the Middle East continue to escalate, the risk of further impacts on oil prices remains high. For now, I expect gas prices could rise by 10 to 20 cents, while diesel could climb 15 to 25 cents in the coming days,” DeHaan said. “Motorists should prepare for what will likely be modest price increases – for now – but the situation has the potential to worsen at any moment.”

Historical gasoline prices in Modesto and the national average going back 10 years show the highest Modesto price of $6.26 per gallon and highest U.S. average of $5.01 per gallon were both recorded on June 16, 2022. The lowest Modesto price of $2.73 per gallon was on June 16, 2016 while the lowest U.S. average of $2.10 per gallon was on June 16, 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.