MEDIA RELEASE

Hawaii, HI, June 13- Average retail gasoline prices in Hawaii have fallen 0.8 cents per gallon in the past week, averaging $2.71/g yesterday, according to GasBuddy’s daily survey of 355 gas outlets in Hawaii. This compares with the national average that has increased 2.4 cents per gallon in the last week to $2.38/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Hawaii during the past week, prices yesterday were 61.1 cents per gallon lower than the same day one year ago and are 4.9 cents per gallon higher than a month ago. The national average has increased 16.8 cents per gallon during the last month and stands 41.8 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on June 13 in Hawaii have ranged widely over the last five years:
$3.32/g in 2015, $4.36/g in 2014, $4.34/g in 2013, $4.43/g in 2012 and $4.00/g in 2011.

Areas nearby Hawaii and their current gas price climate:

• Alaska- $2.64/g, up 2.3 cents per gallon from last week’s $2.61/g.
• Anchorage- $2.54/g, up 3.0 cents per gallon from last week’s $2.51/g.
• Honolulu- $2.54/g, up 3.1 cents per gallon from last week’s $2.51/g.

“Gasoline prices have continued a mild run higher across much of the country, though in the Great Lakes, gas prices have been on a tear,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. “In the last month, no one has seen close to the pain exhibited throughout the Midwest. Average gas prices in Michigan are up 50 cents in the last month, followed by Ohio, Indiana, Illinois and Wisconsin, who have seen a jump of over 30 cents in a month, largely at the hands of various refinery woes and insatiable demand for gasoline. However, as kinks are ironed out and production of gasoline ramps up, we expect gasoline prices to cool in the next few weeks in much of the country, barring any unforeseeable events, ” DeHaan added. “We’re sticking by our January forecast that told of an average U.S. gas price of $2.41/gallon during the summer driving season.”

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