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AAA Hawaii Weekend Gas Watch: Price Drops Accelerate

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

Gas price declines around the islands picked up speed over the past week, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.72 a gallon, which is seven cents lower than last Thursday, 18 cents lower than a month ago and 48 cents more than a year ago, according to GasPrices.AAA.com

In Honolulu, today’s average price for regular is $3.57, which is eight cents lower than last Thursday, 22 cents lower than on this date a month ago and 48 cents higher than on this date last year. The Hilo average price is $3.76, which is down six cents from last Thursday, 21 cents less than on this date last month and 53 cents higher than on this date a year ago. 

In Kahului, the average price is $4.06, which is six cents lower than last Thursday, 11 cents lower than on this date last month and 40 cents higher than on this date a year ago.  Lihue’s average price for regular is $3.91, which is eight cents lower than last Thursday, 15 cents lower than on this date last month and 58 cents more than a year ago. Wailuku’s average is $4.06, which is six cents lower than last Thursday, 11 cents lower than on this date a month ago and 40 cents higher than on this date a year ago.

“The Energy Information Administration’s weekly petroleum status report showed the western United States gasoline stocks increased by 300,000 barrels to 26.9 million barrels,” said Liane Sumida, AAA Hawaii general manager.  “Stocks are approximately 1.3 million barrels lower than at this same time last year, which could cause prices to increase if there’s a supply challenge in our region. However, we are entering a lower demand period of the year along with lower oil prices, which may offset the potential for increases.”   

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. Nov. 29:

 Area                   

Regular   

One Week Change    

Record Price

 

 

 

 

 

 

 

 

Honolulu

$3.57

 -8 cents  

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.76

 -6 cents    

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Kahului

$4.06

 -6 cents

 

$4.87   (4/10/2012)

 

 

 

 

 

 

 

Lihue

$3.91

 -8 cents   

 

$4.98   (5/7/2011)

 

 

 

 

 

 

 

Wailuku

$4.06

 -6 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.  

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AAA Hawai'i is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in the state of Hawai'i.