Gas Prices Continue To Fall

gas pump upper horizontal

Local residents continue to enjoy cheaper gasoline this fall that most likely will remain at least through Thanksgiving, if not longer, according to the AAA Hawaii Weekend Gas Watch.  The current state price average is $3.93, four cents less than the past week, 15 cents less than last month, and five cents lower than a year ago.

 

Honolulu’s average price dropped by four cents a gallon last week and is 16 cents less than on this date a month ago and seven cents less on this date a year ago. In Hilo, the average gas price is $3.86 per gallon, down six cents from last week, 15 cents less than last month and three cents less than this time a year ago.  Wailuku’s average is $4.18 a gallon, down six cents from last Thursday, 17 cents lower than last month and six cents lower on this date last year.  

 

“It’s been more than 3-and-a-half years since the state average price for a gallon of regular gasoline has dropped below $3.90,” said AAA Hawaii General Manager Liane Sumida. “We have falling international oil prices and ample supplies to thank for this situation.”

 

The average price of a gallon of gasoline as of Nov. 20:   

Area                   

Regular

One Week Change

Record Price

 

 

 

 

 

 

 

 

Honolulu

$3.82

-4 cents

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$3.86

-6 cents

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Wailuku

$4.18

-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 of last card swipe of previous day.