The oil price war between Russia and Saudi Arabia, combined with a worldwide slump in gasoline demand due to the COVID-19 outbreak, are finally bringing lower gas prices to the islands, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.53 a gallon, which is four cents lower than last week, seven cents less than a month ago and 20 cents higher than on this date a year ago, according to GasPrices.AAA.com.
In Honolulu, today’s average price for regular is $3.40, which is four cents lower than last week, six cents lower than a month ago and 21 cents higher than on this date last year. The Hilo average price is $3.69, which is two cents lower than a week ago, four cents lower than on this date last month and 24 cents higher than on this date a year ago.
In Kahului, the average price is $3.72, which is three cents lower than last Thursday, 12 cents lower than a month ago and 12 cents higher than on this date a year ago. Lihue’s average price for regular is $3.82, which is four cents lower than last Thursday, three cents lower than last month and 30 cents higher than a year ago today.
“Today’s lowest gas prices on the islands are at $2.79 a gallon on Oahu, which are comparable to the Seattle region and about 20 cents lower than Southern California’s lowest prices,” said Liane Sumida, AAA Hawaii general manager. “We expect to see prices continue to drop as long as oil prices remain this low.”
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find AAA discounts, book a hotel and access AAA Roadside Assistance. Learn more at AAA.com/Mobile.
Prices as of 8 a.m. March 12: