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Hawaii gas prices jump 9 cents in a week

By Star-Advertiser staff

POSTED:
LAST UPDATED: 08:50 a.m. HST, Aug 23, 2012


Gas prices in Hawaii jumped an average of 9 cents in the past week, according to the AAA Hawaii Weekend Gas Watch.

The Hawaii state average price is $4.26, 9 cents higher than las week, 11 cents higher than last month and 25 cents higher than a year ago.

Honolulu’s average price climbed to $4.22 a gallon for regular unleaded – a dime more than last week, 12 cents more than last month and 24 cents higher than a year ago at this time. In Hilo, the average gas price is $4.25 a gallon, up a nickel from last week, eight cents more than last month and nine cents more than this time last year.  Wailuku’s average is $4.26 a gallon, eight cents more than last week, seven cents more than last month and 10 cents lower than last year.

“Prices increased again over the past week, continuing to follow the upward arc in oil prices,” said AAA Hawaii Regional Manager Diane Peterson.

Oil prices have risen about $8 per barrel since Aug. 1, partly on hopes that the U.S., Europe and China would do more to increase growth in their respective economies. Slower growth cuts into the demand for oil and other energy products.

The Associated Press contributed to this story.






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anotherlocal wrote:
Funny how fast the prices can rise, but how slowly prices respond to lowering trends. I guess it's just another way the gas companies can maximize profits off of their customer's backs. That's life in Hawaii!
on August 23,2012 | 09:05AM
Damia wrote:
Agreed!
on August 23,2012 | 09:45AM
Larry01 wrote:
Have to admit though, over the summer, gas prices did go down at least fifty cents a gallon. Too bad the trend is reversing.
on August 23,2012 | 09:16AM
saveparadise wrote:
Total manipulation of the prices. Can you imagine if the Board of Water Supply did this to increase revenues?
on August 23,2012 | 09:58AM
braddah wrote:
This comment has been deleted.
on August 23,2012 | 10:01AM
olos73 wrote:
Would be nice if didn't have too many "unknown cause" outages. Electricity keeps going off.
on August 23,2012 | 11:13AM
iwanaknow wrote:
And how soon will Hawaii gas on Oahu be $5.00/gal?
on August 23,2012 | 12:17PM
Hawaiianhaole wrote:
Corporate greed strikes again.
on August 23,2012 | 01:14PM
primowarrior wrote:
In some parts of the world, gas is pushing $9/gallon. Lucky we live Hawaii, I guess....
on August 23,2012 | 01:24PM
clum56 wrote:
Your gas prices increased 9 cents, that's not as bad as our prices here in Minnesota. On an average our prices increase 20-30 cents almost on every Thursday. The price steadlily decreases to prior price before the increase. AUWE to your price of gas in Honollulu. Here in Minneapolis our average price is at $3.63 adn will go down till next wednesday before the Labor Day weekend when people will be cgoing up to their lake cabins for the last time this summer. Most people drive at least 3-4 hours on the road from their homes in the city and suburbs where they live in here in Minnesota..Aloha
on August 24,2012 | 03:08AM
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