Motorists looking to take a summer road trip will find continuing relief at gas pumps around the region.
Average gasoline prices in Modesto have fallen 11.2 cents per gallon in the last week, averaging $4.27/gallon on July 29, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 24.1 cents per gallon lower than a month ago and stand 45.7 cents per gallon lower than a year ago. The national average price of diesel has fallen 1.2 cents in the last week and stands at $3.78 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.79/gallon while the most expensive was $5.19, a difference of $1.40/gallon. The lowest price in the state was $3.63/gallon while the highest was $8.55, a difference of $4.92/gallon.
The national average price of gasoline has risen 0.7 cents per gallon in the last week, averaging $3.47/gallon. The national average is down 0.8 cents per gallon from a month ago and stands 25.2 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.
Historical gasoline prices in Modesto and the national average going back 10 years show the lowest Modesto price of $2.51 per gallon was recorded on July 29, 2016 and the lowest national price was $2.13 per gallon, also in 2016. Highest average in Modesto was $5.42 on July 29, 2022 and the highest national average of $4.21 was in 2022 as well.
Neighboring areas and their current gas prices include: Stockton - $4.35/gallon, down 3.1 cents per gallon from last week’s $4.39; Oakland - $4.62, down 5.4 cents from $4.67; and San Jose - $4.52/gallon, down 4.9 cents per gallon from last week’s $4.57/gallon.
“We continue to see a mixed bag when it comes to gas prices across the country: states in the Great Lakes region are still being jolted by the Joliet, Illinois refinery outage, which has also impacted gas prices in some areas of Canada, while areas like the West Coast continue to see notable declines,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With the summer winding down and GasBuddy data showing disappointing gasoline demand and struggling oil prices, we could eventually see the national average falling a bit more, especially once the refinery in Illinois restarts operations. While hurricane season hasn’t been a factor yet, it’s also just starting to get into its prime, and that does remain a quiet wildcard for now.”
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.
