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Honolulu gas prices stay put in face of mainland slide

By Star-Advertiser staff

LAST UPDATED: 09:56 a.m. HST, Apr 16, 2013

Average retail gasoline prices in Honolulu have not moved in the past week, averaging $4.29 a gallon this week, according to GasBuddy's daily survey of 214 gas outlets in Honolulu.

This compares with the national average that has fallen 5 cents per gallon in the last week to $3.52 a gallon, according to the gasoline price website.

Including the change in gas prices in Honolulu during the past week, prices yesterday were 17.6 cents per gallon lower than the same day one year ago, and are 0.3 cents a gallon lower than a month ago. The national average has decreased 13.8 cents a gallon during the last month and stands 37.0 cents a gallon lower than this day one year ago.

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Sunny wrote:
We are held hostage by the oil companies and have no leverage with the refineries in Hawaii!
on April 16,2013 | 09:10AM
hon2255 wrote:
What else is new, now from 50 cent per gallon diference to 70 cents per gallon difference,totally due to the monopoly of lack of competition, thanks for your greed Chevron, you've been sticking it to the people here in the state for 40 plus years! Someone please bring in some true competitors not co conspirators!! Larry Ellison, set up some gas stations in Honolulu and price the gas comparable to avg mainland pricing of $3.52!
on April 16,2013 | 09:30AM
HOSSANA wrote:
Gas companies definitely have a conspiracy in maintaining current level of prices and with the incompetent politicians we have incurring more taxs on the prices, definitely people in Hawaii are held "hostage" at the hands of the oil dealers, refineries etc... In other words, we are SCREWED....NOTHING MORE AND NOTHING LESS!!
on April 16,2013 | 10:18AM
pbck wrote:
It's a oligopoly. In the mainland gas prices generally fall when one lowers their prices to remain competitive. Here in hawaii with so few choices for competition gas prices tend to remain stagnant or sometimes go up. When prices go up everyone else follows suit and raises their prices too. Drivers will go to whatever gas station is convenient rather than cheaper because when you have no competitive prices there is no reason to drive elsewhere.
on April 16,2013 | 10:57AM
mustangguru wrote:
When does any price here go down? Thats a silly question.
on April 16,2013 | 05:40PM
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