Average gasoline prices in Modesto have fallen 5.4 cents per gallon in the last week, averaging $4.38/gallon on July 22, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 14.9 cents per gallon lower than a month ago and stand 23.9 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.0 cents in the last week and stands at $3.79 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.79/gallon while the most expensive was $5.29, a difference of $1.50/gallon. The lowest price in the state was $3.63 while the highest was $6.69, a difference of $3.06/gallon.
The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.47/gallon. The national average is up 3.5 cents per gallon from a month ago and stands 9.9 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 - $4.39/gallon, down 13.3 cents from last week’s $4.52; Oakland - $4.67, down 8.4 cents from $4.75; and San Jose - $4.57, down 5.4 cents per gallon from last week’s $4.63/gallon.
“Most of the country has seen a reprieve from rising gasoline prices, thanks to weaker-than-expected gasoline demand, building supplies and a quiet period in the tropics,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While a good portion of the nation saw average gas prices decline, severe weather completely knocked out power to a major refinery outside Chicago early last week, immediately impacting gasoline supplies to Illinois, Wisconsin, Indiana and Michigan, and pushing prices up considerably. We’ve often said how critical refineries are, and with a long power outage, we’re seeing the impact very quickly, but relief will eventually arrive. For now, as we approach the end of summer vacations, I’m hopeful gas prices will continue to edge slightly lower in the week ahead.”
Historical gasoline prices in Modesto and the national average going back 10 years show the lowest price on July 22 in Modesto was $2.59 per gallon in 2016 and the highest of $5.60 per gallon was in 2022. The lowest U.S. average was $2.17 per gallon on July 22, 2016 and the highest was $4.38 in 2022.
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.
