MEDIA RELEASE

Hawaii, August 5- 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 fallen 1 cent per gallon in the last week to $3.63/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Hawaii during the past week, prices yesterday were 21.5 cents per gallon higher than the same day one year ago and are 5.8 cents per gallon higher than a month ago. The national average has increased 14.4 cents per gallon during the last month and stands 3.3 cents per gallon higher than this day one year ago.

“Over the last week, the national average has continued to see a ever so slow downward trend,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “But the downward trend got a shot in the arm last weekend, as we saw the biggest daily drop since April; from July 25 to July 26, the average dropped 1.5cts. Back on April 13, the US average dropped 1.7cts from the previous day. Further illustrating the downward trend, five percent of the country was over $4.00/gal Friday. Last week, 7% of the country was over $4.00/gal,” DeHaan said.

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