Gas Price Declines Pick Up Speed

Gas Prices
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The rate of decline for Hawaii gas prices quickened the past week with all areas experiencing price reductions of at least five cents per gallon on average and other in double digits, according to the AAA Hawaii Weekend Gas Watch. Today’s statewide average price is $3.41 a gallon, which is ten cents lower than last week, 16 cents less than a month ago and even with the price on this date last year, according to GasPrices.AAA.com.

In Honolulu, today’s average price for regular is $3.29, which is nine cents lower than last week, 15 cents lower than a month ago and two cents higher than the price on this date last year. The Hilo average price is $3.55, which is 12 cents lower than a week ago, 17 cents lower than on this date last month and four cents higher than on this date a year ago. 

In Kahului, the average price is $3.63, which is seven cents lower than last Thursday, 13 cents lower than a month ago and six cents lower than on this date a year ago.  Lihue’s average price for regular is $3.66, which is 15 cents lower than last Thursday, 20 cents lower than last month and five cents higher than a year ago today. 

“The pace of price drops in Hawaii is now matching those of other western states,” said Liane Sumida, AAA Hawaii general manager. “We expect to see prices continue to drop as long as demand is low and the oil price war between Russia and Saudi Arabia continues.”

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. March 26:

WEGW HI Chart 2 Mar 26 2020

 

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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.