Categorized | Business, Energy

Average gas prices in Hawaii rise 1.1 cents per gallon the past week

MEDIA RELEASE

October 26- Average retail gasoline prices in Hawaii have risen 1.1 cents per gallon in the past week, averaging $2.88/g yesterday, according to GasBuddy’s daily survey of 355 gas outlets in Hawaii. This compares with the national average that has fallen 5.2 cents per gallon in the last week to $2.20/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Hawaii during the past week, prices yesterday were 115.8 cents per gallon lower than the same day one year ago and are unchanged versus a month ago. The national average has decreased 8.5 cents per gallon during the last month and stands 83.9 cents per gallon lower than this day one year ago.

October ends with the Halloween tradition of trick or treating. The good news for drivers is that the treats should extend into November,” said Jeff Pelton, GasBuddy’s senior petroleum analyst for the Northeast.

“As refineries finish up their planned and in some cases unplanned (notably in the Midwest) rounds of maintenance, gasoline should return to the pumps at very high levels. That, coupled with the lower demand that comes with the fall season, should push November retail prices to fall another 10 to 12 cents.”

For a complete listing of current averages and other fuel price data, visit http://media.gasbuddy.com. For fuel news and alerts, follow @GasBuddyNews on Twitter.

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

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