Average gas prices in Hawaii rise 7.3 cents per gallon the past week

MEDIA RELEASE

Hawaii, HI, April 30- Average retail gasoline prices in Hawaii have risen 7.3 cents per gallon in the past week, averaging $3.85/g yesterday, according to GasBuddy’s daily survey of 355 gas outlets in Hawaii. This compares with the national average that has increased 4.3 cents per gallon in the last week to $2.81/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Hawaii during the past week, prices yesterday were 82.6 cents per gallon higher than the same day one year ago and are 8.0 cents per gallon higher than a month ago. The national average has increased 15.2 cents per gallon during the last month and stands 42.9 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on April 30 in Hawaii have ranged widely over the last five years:

$3.03/g in 2017, $2.59/g in 2016, $3.13/g in 2015, $4.37/g in 2014 and $4.34/g in 2013.

Areas near Hawaii and their current gas price climate:

“The national average is now at its highest point since November 2014 with average gas prices advancing in nearly every state,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “The only good news for motorists? We’re nearing a turning point in the U.S.- gas prices are perhaps just a dime away from hitting a peak for the short-term, pending OPEC’s meeting in June. With refineries well positioned for the summer months, we look for some relief by mid-June, but do expect this summer to remain one of the priciest in the last few as average prices climb close to the psychological $3 per gallon barrier.”

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