Categorized | Business, Energy

Average gas prices in Hawaii fall 0.7 cents the past week

MEDIA RELEASE

Hawaii, November 28- Average retail gasoline prices in Hawaii have fallen 0.7 cents per gallon in the past week, averaging $4.12/g yesterday. This compares with the national average that has fallen 4.1 cents per gallon in the last week to $3.32/g, according to gasoline price website HawaiiGasPrices.com

Including the change in gas prices in Hawaii during the past week, prices yesterday were 59.6 cents per gallon higher than the same day one year ago and are 4.4 cents per gallon lower than a month ago. The national average has decreased 14.4 cents per gallon during the last month and stands 46.3 cents per gallon higher than this day one year ago.

“The national average in the U.S. is at its lowest since February 25, but remains at record highs for this time of year,” according to GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While the downtrend in gasoline prices has certainly been welcome news for motorists, I see the trend short lived, and believe we may see continued volatility in the days ahead, but even with said volatility I do expect many Americans will see average prices between $3.25-$3.50 for the rest of 2011,” he added.

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

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

 

Quantcast