Honolulu Weekly Gas Price Update and Outlook

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REPORT FROM GASBUDDY.COM– Average retail gasoline prices in Honolulu have fallen 1.1 cents per gallon in the past week, averaging $4.33/g yesterday. This compares with the national average that has increased 0.6 cents per gallon in the last week to $3.80/g, according to gasoline price website HonoluluGasPrices.com.

Including the change in gas prices in Honolulu during the past week, prices yesterday were 23.8 cents per gallon higher than the same day one year ago and are 1.4 cents per gallon higher than a month ago. The national average has decreased 1.3 cents per gallon during the last month and stands 37.2 cents per gallon higher than this day one year ago.

“Thanks largely due to the situation in California, the national average rose slightly in the last week,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “The good news for Californians is to expect relief this week. Around the rest of the nation I expect a mixed bag, with prices not moving significantly in either direction from what I can see at this time. Nationally, prices remain much higher than last year, especially in California, where the average now stands 88c/gal higher than a year ago,” DeHaan said.

About HonoluluGasPrices.com

GasBuddy operates HonoluluGasPrices.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.

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