AAA Hawaii Weekend Gas Watch: Honolulu Price Dips

Oil Pump by Roy Luck
Photo by Roy Luck https://www.flickr.com/photos/royluck/ https://creativecommons.org/licenses/by/4.0/  

Honolulu gas prices declined slightly this past week and some other areas on other islands saw decreases of up to eight cents a gallon, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.26 a gallon, which is the same price as last Thursday, four cents lower than a month ago and 14 cents less than a year ago, according to GasPrices.AAA.com

In Honolulu, today’s average price for regular is $3.10, which is one cent lower than last Thursday, four cents lower than on this date a month ago and 14 cents lower than on this date last year. The Hilo average price is $3.32, which is up five cents from last Thursday, three cents less than on this date last month and 14 cents lower than on this date a year ago. 

In Kahului, the average price is $3.55, which is eight cents lower than last Thursday, 10 cents lower than on this date last month and 31 cents lower than on this date a year ago.  Lihue’s average price for regular is $3.50, which is down a penny since last Thursday, one cent lower than on this date last month and 13 cents lower than a year ago today.  Wailuku’s average is $3.55, which is eight cents lower than last Thursday, 10 cents lower than on this date a month ago and 31 cents lower than on this date a year ago.

“The Energy Information Administration recently reported U.S. gasoline demand at 9.6 million barrels. The last time the rate was this high was the 2018 Labor Day weekend,” said Liane Sumida, AAA Hawaii general manager.  “The EIA estimate may indicate motorists across the country filled-up ahead of the extreme polar vortex storm, in turn driving up demand. Now that the storm has passed, demand is likely to fall in-line with typical February estimates. The EIA estimate also showed western United States gasoline stocks are more than a million barrels lower than this time last year, posing a risk of higher retail prices if there is a supply challenge in the area.”        

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. Feb. 7:

 

 Area                   

Regular   

One Week Change    

Record Price

 

 

 

 

 

 

 

 

Honolulu

$3.10

 -1 cent  

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.32

 +5 cents    

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Kahului

$3.55

  -8 cents

 

$4.87   (4/10/2012)

 

 

 

 

 

 

 

Lihue

$3.50

 -1 cent   

 

$4.98   (5/7/2011)

 

 

 

 

 

 

 

Wailuku

$3.55

 -8 cents

 

 $4.98   (5/9/2011)

 

Media Contacts

Elaine Beno
714-885-2324