AAA Hawaii: Statewide Average Dips Slightly

Choosing gas octane by Mike Mozart
Photo by Mike Mozart https://www.flickr.com/photos/jeepersmedia/ https://creativecommons.org/licenses/by/4.0/

Gas price averages continued to remain stable or declined throughout the islands, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.05, which is a penny lower than last Thursday, the same price on this date a month ago, and 31 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 the same price as last Thursday, the same price on this date last month and 36 cents higher than last year.  The Hilo average price is $3.01, which is three cents lower than last Thursday, a penny lower on this date last month and 25 cents higher than on this date a year ago.  Wailuku’s average is $3.49, which is the same price as last Thursday, the same price on this date a month ago, and 26 cents higher than on this date a year ago.

 

“Declining prices, which are being experienced mostly nationwide, are due to an unexpected buildup of crude oil last week combined with ongoing high gasoline production runs, an increase in gasoline stocks and a drop in gasoline demand,” according to AAA Hawaii General Manager Liane Sumida. “If refiners continue to produce record amounts of gasoline and oversupply the market, consumers will reap the benefit and see slight fluctuations in gasoline prices – plus or minus a few cents – in the coming weeks.”

 

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. June 15:

 

 Area                   

Regular   

One Week Change    

Record Price

 

 

 

 

 

 

 

 

Honolulu

$2.90

No Change

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.01

-3 cents

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Wailuku

$3.49

No Change

 

 $4.98   (5/9/2011)

 

 

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.  

Media Contacts

Elaine Beno
714-885-2324