Categorized | Business, Energy

Average gas prices in Hawaii fall 6.5 cents per gallon the past week

MEDIA RELEASE

Hawaii, November 12- Average retail gasoline prices in Hawaii have fallen 6.5 cents per gallon in the past week, averaging $4.17/g yesterday. This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.46/g, according to gasoline price website HawaiiGasPrices.com.

Including the change in gas prices in Hawaii during the past week, prices yesterday were 4.1 cents per gallon higher than the same day one year ago and are 24.5 cents per gallon lower than a month ago. The national average has decreased 32.6 cents per gallon during the last month and stands 3.1 cents per gallon higher than this day one year ago.

“The national average has again decreased in the last week, but the decreases are beginning to slow down,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Wholesale gasoline prices rose strongly on Friday which could send prices higher in states with among the lowest prices in the United States. The fuel tightness has also continued in NYC- for those in Sandy’s wake, fuel availability remains difficult, and is the reason GasBuddy has implemented an emergency fuel availability service,” DeHaan said. The Hurricane Sandy fuel availability site can be found by navigating to www.gasbuddy.com/sandy/

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

One Response to “Average gas prices in Hawaii fall 6.5 cents per gallon the past week”

  1. waimeajim says:

    Why don’t you do a more realistic cost of gasoline due to the cost of oil from where Hawaii gets it’s oil.
    The price of oil has gone down around the world;and Hawaii’s refiners put out the same amount of fuel 24/7/365, the demand is constant or lower now, and there is no winter blend like the mainland, yet prices should be much lower, and are not.

    Go figure…

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