Categorized | Business, Energy

Average gas prices in Hawaii fall 2.7 cents per gallon the past week

MEDIA RELEASE

July 13- Average retail gasoline prices in Hawaii have fallen 2.7 cents per gallon in the past week, averaging $3.34/g yesterday, according to GasBuddy’s daily survey of 355 gas outlets in Hawaii. This compares with the national average that has not moved in the last week to $2.76/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Hawaii during the past week, prices yesterday were 100.0 cents per gallon lower than the same day one year ago and are 2.1 cents per gallon higher than a month ago. The national average has decreased 3.9 cents per gallon during the last month and stands 85.0 cents per gallon lower than this day one year ago.

“With the exception of the West Coast, last week saw gas prices moving lower in many regions,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “And last week the story at the pump has been completely about the West Coast. Pump prices have surged as a result of a hopefully temporary stoppage of gasoline imports into the West Coast, which the region has relied upon thanks to earlier year refinery issues. Areas of California have set new records for highest single day price increase, and prices will continue to advance for a few more days before things cool off. For the rest of the county, gas prices will resume their decline for the time being, even as gasoline demand remains historically very strong,” DeHaan added.

Biggest Weekly State Declines:
Indiana, -13.1c/gal
Michigan, -11.4c/gal
Alaska, -2.7c/gal

Biggest Weekly State Increases:
California, +28.0c/gal
Nevada, +5.2c/gal
Ohio, +5.2c/gal

For Big Island gas prices and trends visit — www.hawaii247.com/gas

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