Local Gas Prices Keep Falling

Gassing up by Ian Munroe
Photo copyright Ian Munroe https://www.flickr.com/photos/ian_munroe/ http://creativecommons.org/licenses/by/4.0/

Hawaii gas prices declined again over the past week, according to the AAA Hawaii Weekend Gas Watch.  The current state price average is $4.25, one cent less than the past week, a nickel less than last month, and six cents lower than a year ago.

 

Honolulu’s average price dropped by three cents from last week to $4.19 a gallon.  The price is seven cents less than on this date a month ago and the same price on this date a year ago. In Hilo, the average gas price is $4.08 per gallon, down five cents from last week, the same price as last month and 21 cents less than this time a year ago.  Wailuku’s average is $4.42 a gallon, one cent less than last Thursday, two cents lower than last month and 12 cents less than last year.  

 

“Slow and steady gas price declines continued throughout the islands over the past week,” said AAA Hawaii General Manager Liane Sumida.  “For those traveling this autumn, big fuel price drops are occurring on the mainland, and some analysts report that the lowest prices in four years are on their way this fall due to lighter demand and more available domestic oil.”  

 

The average price of a gallon of gasoline as of Sept. 18:    

Area                   

Regular

One Week Change

Record Price

 

 

 

 

 

 

 

 

Honolulu

$4.19

-3 cents

 

 $4.48   (5/8/2011)

 

 

 

 

 

 

 

Hilo

$4.08

-5 cents

 

 $4.76   (4/22/2012)

 

 

 

 

 

 

 

Wailuku

$4.42

-1 cent

 

 $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.