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Slightly lower gas price for holidays
GAS BUDDY

Average gasoline prices in Modesto have fallen 3.7 cents per gallon in the last week, averaging $3.87/gallon on Dec. 22, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 36.3 cents per gallon lower than a month ago and stand 10.3 cents per gallon lower than a year ago. The national average price of diesel has decreased 4.3 cents compared to a week ago and stands at $3.57 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $3.37/gallon while the most expensive was $4.69, a difference of $1.32/gallon. The lowest price in the state was $2.69 while the highest was $6.09, a difference of $3.40/gallon.

The national average price of gasoline has fallen 5.7 cents per gallon in the last week, averaging $2.79/gallon on Dec. 22. The national average is down 26.4 cents per gallon from a month ago and stands 21.4 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 - $3.77/gallon, down 11.2 cents from last week’s $3.88; Oakland - $4.12, down 6.5 cents from $4.19; and San Jose - $4.08, down 5.0 cents per gallon from last week’s $4.13/gallon.

“For a fourth straight week, the national average price of gasoline has declined, as conditions remain ripe for some of the lowest seasonal gas prices in five years,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to struggle amid rising U.S., Canadian, and OPEC+ oil production, while refinery output remains near some of the highest seasonal levels in years— factors that are likely to keep gas prices under pressure over the weeks ahead. We’re continuing to see some gas prices below $2 per gallon in the nation’s cheapest states, now at more than 125 gas stations. Diesel prices have also seen some relief, though inventories remain tight, keeping the national average higher than a year ago.”

Historical gasoline prices in Modesto and the national average going back five years: Modesto, Dec. 22, 2024: $3.97/gallon; U.S. Average: $3.01/gallon; 2023: Modesto $4.17; U.S. Average: $3.11; 2022: Modesto $3.85; U.S. Average: $3.07; 2021: Modesto, $4.52; U.S. Average: $3.30; and 2020: Modesto, $3.04/gallon, U.S. Average: $2.26/gallon.