Average gasoline prices in Modesto have fallen 7.3 cents per gallon in the last week, averaging $5.89/gallon as of Monday, May 18. That’s according to GasBuddy’s survey of 201 stations in Modesto.
Prices in Modesto are 31.3 cents per gallon higher than a month ago and stand $1.12/gallon higher than a year ago.
The national average price of gasoline has fallen 1 cent per gallon in the last week, averaging $4.47/gallon. The national average is up 45.2 cents per gallon from a month ago and stands $1.33/gallon higher 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.
GasBuddy reports that the cheapest station in Modesto was priced at $5.38/gallon while the most expensive was $7.09, a difference of $1.71/gallon. The lowest price in the state was $4.49 while the highest was $9.95, a difference of $5.46/gallon.
Historical gasoline prices in Modesto and the national average going back five years show the lowest Modesto price was $4.02 on May 18, 2021 and the lowest U.S. average was on that same day, coming in at $3.04 per gallon.
Highest Modesto price in the last five years was the $5.85 per gallon on May 18, 2022 and the highest U.S. average was $4.58, also in 2022.
Neighboring areas and their current gas prices include: Stockton - $5.88/gallon, down 1 cent per gallon from last week’s $5.89; Oakland - $6.16, up 5.4 cents from $6.11/gallon; and San Jose - $6.15, up 6.9 cents per gallon from last week’s $6.08/gallon.
“The national average price of gasoline spent much of last week drifting lower after jumping early in the week as oil prices softened on hopes that diplomatic progress between the U.S. and Iran could help ease supply concerns,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, that optimism faded after President Trump’s meeting with China’s Xi Jinping failed to produce a breakthrough on Iran, while renewed warnings toward Tehran have helped push oil prices higher again … with Memorial Day approaching, any sustained increase in oil prices could begin pushing retail fuel prices higher again in the weeks ahead.”
GasBuddy, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. With over 100 million app downloads, GasBuddy delivers real-time prices at 150,000+ stations and 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.