AAA Hawaii Weekend Gas Watch: Prices Tick Up

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

Hawaii gas prices increased slightly or remained flat throughout the islands, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.71 a gallon, which is one cent more than last Thursday, 10 cents higher than a month ago and 65 cents more than a year ago, according to GasPrices.AAA.com

In Honolulu, today’s average price for regular is $3.59, one cent higher than last Thursday, 12 cents higher than on this date a month ago and 69 cents higher than last year at this time. The Hilo average price is $3.72, which is one cent higher than last Thursday, six cents more than on this date last month and 68 cents higher than on this date a year ago. 

In Kahului the average price is $4.00, which is the same price as last Thursday, three cents higher than on this date last month and 48 cents higher than on this date a year ago.  Lihue’s average price for regular is $3.88, which is one cent higher than last Thursday, 14 cents higher than on this date last month and 56 cents more than a year ago. Wailuku’s average is $4.00, which is unchanged since last Thursday, three cents higher than a month ago and 48 cents higher than on this date a year ago.

“Oil prices declined after the Energy Information Administration’s weekly report showed that crude inventories grew by 5.7 million barrels.  A decrease in crude exports, an increase in imports and record-breaking crude production contributed to inventory growth,” said Liane Sumida, AAA Hawaii general manager. “The news was a surprise to the market, which expected to see inventories decline in the run-up to Memorial Day weekend.  If the trend continues, in the weeks to come, crude prices may edge lower. This potential sign and other signals in the market may lead to stabilizing of prices heading into June.”

AAA Hawaii reminds drivers that AAA continues to help travelers and the public with fuel information on GasPrices.AAA.com.  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 discounts, and book a hotel and access Roadside Assistance.

 

Prices as of 8 a.m. May 31:

 Area                   

Regular   

One Week Change    

Record Price

 

 

 

 

 

 

 

 

Honolulu

$3.59

+1 cent

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.72

+1 cent

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Kahului

$4.00

No Change

 

$4.87   (4/10/2012)

 

 

 

 

 

 

 

Lihue

$3.88

+1 cent

 

$4.98   (5/7/2011)

 

 

 

 

 

 

 

Wailuku

$4.00

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