Categorized | Business, Energy

Average gas prices in Hawaii rise 0.9 cents per gallon

MEDIA RELEASE

Hawaii, January 23- Average retail gasoline prices in Hawaii have risen 0.9 cents per gallon in the past week, averaging $4.05/g yesterday. This compares with the national average that has increased 0.6 cents per gallon in the last week to $3.34/g, according to gasoline price website HawaiiGasPrices.com

Including the change in gas prices in Hawaii during the past week, prices yesterday were 38.8 cents per gallon higher than the same day one year ago and are 4.4 cents per gallon higher than a month ago. The national average has increased 11.8 cents per gallon during the last month and stands 25.3 cents per gallon higher than this day one year ago.

“We saw oil prices fall gently late last week as tensions with Iran seemingly have cooled somewhat,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “I’m certainly hopeful that the recent easing in tensions between Iran and the West continues in coming months, but there are certainly no guarantees and few expectations of such. Having said that, I expect gasoline prices to move very little in the next week, and in some areas of the U.S. gasoline prices may fall this week,” DeHaan said.

About HawaiiGasPrices.com

GasBuddy operates HawaiiGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.

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

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