AAA Hawaii: Gas Prices Mixed, Stable

Gas prices moved again slightly but remained relatively stable over the past week throughout the islands, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.06, which is one cent lower than last Thursday, the same price on this date a month ago, and 40 cents higher than on this date a year ago, according to GasPrices.AAA.com. 

In Honolulu, today’s average price is $2.90, which is one cent less than last Thursday, one cent lower than on this date last month and 45 cents higher than last year.  The Hilo average price is $3.04, which is down a penny from last week, the same price on this date last month and 32 cents higher than on this date a year ago.  Wailuku’s average is $3.50, which is two cents higher than last Thursday, two cents more than a month ago, and 36 cents higher than on this date a year ago.

“Despite mostly small price declines since last week, the region remains the most expensive market in the country for gasoline. The West Coast is the only region in the country where demand seems to counter oversupply,” said AAA Hawaii General Manager Liane Sumida. “The latest Energy Information Association report shows that regionally gasoline supplies experienced the largest draw in seven weeks.  According to the Oil Price Information Service, the inventory drop indicates regional demand has increased leading into the summer driving season and is likely to continue,” she said.   

Motorists can find current prices along their route with the free AAA Mobile app for iPhone, iPad and Android, available at AAA.com/mobile. The app also can be used by AAA members to map a trip, find discounts, book a AAA-rated hotel and access AAA roadside assistance. AAA Hawaii reminds drivers that AAA continues to help travelers and the public with fuel information on GasPrices.AAA.com.

Prices as of 8 a.m. May 11:

AAA Hawaii Weekend Gas Watch is a weekly snapshot of gas prices.  Price comparisons are offered as a community service.  Prices are derived from fleet vehicle credit card transactions at more than 120,000 stations around the country.  Prices shown are combined averages updated three times daily.