Average gasoline prices in Modesto have fallen 9.2 cents per gallon in the last week, averaging $5.86/gallon as of May 26, according to GasBuddy’s survey of 201 stations in Modesto.

Prices in Modesto are 30.4 cents per gallon higher than a month ago and stand $1.15/gallon higher than a year ago. The national average price of diesel has decreased 4.0 cents compared to a week ago and stands at $5.57 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $5.24/gallon while the most expensive was $6.79, a difference of $1.55/gallon. The lowest price in the state was $4.39 while the highest was $9.79, a difference of $5.40/gallon.

The national average price of gasoline has fallen 6.6 cents per gallon in the last week, averaging $4.45/gallon on May 26. The national average is up 41.0 cents per gallon from a month ago and stands $1.32/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.

“Average gasoline prices declined in 40 states over the last week as falling oil prices helped offset earlier price cycling in many markets, bringing relief to motorists after several states had already seen sharp increases,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Much of the decline came after renewed optimism surrounding a potential U.S.-Iran agreement pushed oil prices lower, easing geopolitical pressure on energy markets. For now, motorists may continue to see some relief, but it remains too early to know how long the decline will last.”

Neighboring areas and their current gas prices include: Stockton - $5.89/gallon, down 10.3 cents from last week’s $5.99; Oakland - $6.14, down 10.4 cents from $6.24; and San Jose - $6.13/gallon, down 0.6 cents per gallon from last week’s $6.13/gallon.

Historical gasoline prices in Modesto and the national average going back five years show the lowest Modesto price of $4.08 and the lowest U.S. average of $3.04 per gallon were both on May 26, 2021. Highest price recorded was on May 26, 2022 when the Modesto average was $5.91 per gallon and the U.S. average was $4.60 per gallon.

GasBuddy, a PDI Technologies company, is North America’s trusted fuel savings platform, helping consumers fuel up for less for over 25 years. GasBuddy 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.