AAA Hawaii Weekend Gas Watch: Gas Prices Drop for Fifth Week

premium midgrade unl pump horizontal

Gas price declines around the islands continued this week and ranged from three to six cents a gallon helped by crude oil prices pushed to their lowest levels of 2018, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.56 a gallon, which is five cents lower than last Thursday, 32 cents lower than a month ago and 27 cents more than a year ago, according to GasPrices.AAA.com

In Honolulu, today’s average price for regular is $3.42, which is five cents lower than last Thursday, 33 cents lower than on this date a month ago and 30 cents higher than on this date last year. The Hilo average price is $3.58, which is down three cents from last Thursday, 35 cents less than on this date last month and 30 cents higher than on this date a year ago. 

In Kahului, the average price is $3.93, which is five cents lower than last Thursday, 24 cents lower than on this date last month and 17 cents higher than on this date a year ago.  Lihue’s average price for regular is $3.74, which is five cents lower than last Thursday, 30 cents lower than on this date last month and 21 cents more than a year ago. Wailuku’s average is $3.93, which is a nickel lower than last Thursday, 24 cents lower than on this date a month ago and 17 cents higher than on this date a year ago.

“While gas prices are declining locally and nationwide, crude inventories around the country fell by 1.2 million barrels, according to Energy Information Administration data,” said Liane Sumida, AAA Hawaii general manager.  “Gasoline stocks are now approximately 1 million barrels lower than where they were at the same time last year.  The decline comes after 10 weeks of inventory growth that helped push crude prices down.  However, with inventories now falling, crude prices could increase.  If all this comes to pass, then motorists may see pump prices increase during the first quarter of 2019.”      

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. Dec. 13:

 Area                   

Regular   

One Week Change    

Record Price

 

 

 

 

 

 

 

 

Honolulu

$3.42

 -5 cents  

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.58

 -3 cents    

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Kahului

$3.93

 -5 cents

 

$4.87   (4/10/2012)

 

 

 

 

 

 

 

Lihue

$3.74

 -5 cents   

 

$4.98   (5/7/2011)

 

 

 

 

 

 

 

Wailuku

$3.93

 -5 cents

 

 $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