Categorized | Business, Energy

Average gas prices in Hawaii remain constant the past week

MEDIA RELEASE

Hawaii, May 13- Average retail gasoline prices in Hawaii have not moved in the past week, averaging $4.33/g yesterday, according to GasBuddy’s daily survey of 355 gas outlets in Hawaii. This compares with the national average that has increased 6.2 cents per gallon in the last week to $3.57/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Hawaii during the past week, prices yesterday were 17.2 cents per gallon lower than the same day one year ago and are 2.7 cents per gallon lower than a month ago. The national average has increased 5.0 cents per gallon during the last month and stands 15.4 cents per gallon lower than this day one year ago.

“The national average has perked up again in the last seven days across the nation,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Many motorists remain skeptical of the so called reasons that we blame higher prices on: refinery production and maintenance, tightening supply, and the now completed switch over to EPA mandated cleaner summer gasoline. Tight gasoline supply exists especially along the West Coast, and other factors are coming into play in some of the bigger metro areas where more expensive reformulated gasoline has hit pumps,” DeHaan said.

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

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