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Slow, Steady Decline Continues At Pumps
gas

Average gasoline prices in Modesto have fallen 7.5 cents per gallon in the last week, averaging $4.57/gallon as of Nov. 27, according to GasBuddy’s survey of 201 stations in Modesto. Prices in Modesto are 45.5 cents per gallon lower than a month ago and stand 16.1 cents per gallon lower than a year ago. The national average price of diesel has fallen 5.2 cents in the last week and stands at $4.23 per gallon.

According to GasBuddy price reports, the cheapest station in Modesto was priced at $4.05/gallon while the most expensive was $5.49, a difference of $1.44/gallon. The lowest price in the state was $3.65 while the highest was $7.79, a difference of $4.14/gallon.

The national average price of gasoline has fallen 5.8 cents per gallon in the last week, averaging $3.21/gallon on Nov. 27. The national average is down 26.0 cents per gallon from a month ago and stands 30.3 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 ten years show the highest price in Modesto recorded on Nov. 27, 2022 when it was $4.74 per gallon and the lowest of $2.42 recorded on Nov. 27, 2016. Nationwide, the highest price of $3.52 per gallon was recorded on Nov. 27, 2022 and the lowest on Nov. 27, 2015 when the average price was $2.04 per gallon.

Neighboring areas and their current gas prices include: Stockton - $4.46/gallon, down 6.4 cents per gallon from last week’s $4.52; Oakland - $4.88, down 4.8 cents from last week’s $4.93; and San Jose - $4.81, down 5.8 cents per gallon from last week’s $4.87/gallon.

“With the national average price of gasoline declining for the 10th straight week, motorists are enjoying the longest downward trend at the pump since the summer of 2022. The timing couldn’t be better as Americans head into the holidays, leaving them with more in their wallets at a time of year many start to spend on gifts for loved ones,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “In addition, gasoline demand continues to be dragged lower as Americans stay inside more often, helping to put continued downward pressure on gasoline prices.”

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.