Average gasoline prices in Modesto have fallen 14.1 cents per gallon in the last week, averaging $4.70/gallon on Monday, Nov. 13, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 66.0 cents per gallon lower than a month ago and stand 32.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.2 cents in the last week and stands at $4.34 per gallon.
According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.19/gallon while the most expensive was $5.99, a difference of $1.80/gallon. The lowest price in the state was $3.89 while the highest was $7.79, a difference of $3.90/gallon.
The national average price of gasoline has fallen 4.6 cents per gallon in the last week, averaging $3.33/gallon as of Nov. 13. The national average is down 24.8 cents per gallon from a month ago and stands 42.6 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 - $4.59/gallon, down 16.6 cents from last week’s $4.76/gallon; Oakland - $5.08, down 8.0 cents from $5.16; and San Jose - $4.98/gallon, down 7.7 cents per gallon from last week’s $5.05/gallon.
“As motorists turn their attention to Thanksgiving, they certainly can be thankful for the decline in gasoline prices, which has now reached eight straight weeks. GasBuddy counts 11 states where average prices are below $3 per gallon, with several more to join this week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Even in California, the nation’s most expensive gasoline average will fall below $5. Gasoline demand has struggled in recent weeks, falling not only due to the seasonal nature, as Americans drive less as the weather gets colder, but it appears there may be some economic headwinds entering the equation as well.”
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.