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Gas prices continue rise, now above $4 a gallon in Honolulu

By Star-Advertiser staff

POSTED:
LAST UPDATED: 11:02 a.m. HST, Feb 03, 2012


The average price of a gallon of gas in Honolulu is back over $4 a gallon, according to AAA's Daily Fuel Gauge Report.

Today's average price of $4.004 a gallon for regular gas is about a penny higher than Thursday, 5 cents more than last week and 13 cents above last month's average price in Honolulu.

Neighbor island gas prices have been over $4 a gallon for a while. The average price of regular gas is about $4.31 in Hilo, about the same as Thursday, 4 cents higher than last week and 11 cents higher than last month. In Wailuku, gas averages $4.41 a gallon, relatively unchanged from Thursday, 2 cents higher than last week and 3 cents higher than last month.

The statewide average is $4.15 a gallon, the highest in the nation. Hawaii is the only state with gas prices over $4 a gallon.

On the mainland, regular unleaded gasoline is already at the highest ever for this time of year, reflecting surging energy demand in other parts of the world like China. A gallon of gas cost an average of $3.467 — 17.9 cents more than a month ago and 35.1 cents more than a year ago, according to auto club AAA, Wright Express and Oil Price Information Service.

Prices are expected to rise in coming months as the economy improves and as refineries crank up production of more expensive warm-weather gasoline blends. Analysts say prices could reach $4 per gallon on the mainland by the spring.

____

The Associated Press contributed to this story.







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peanutgallery wrote:
The public should be outraged over the price of gasoline here. We live in a state that currently has "TWO" refineries. Most states don't have any refining capabilities, and are forced to import all their fuel. The high price of gasoline in this state is attributable to one thing, and that's: TAXES Hawaii refineries ship refined product to the west coast, where it is sold for less than it is here in Hawaii. Another classic example of how our politicians have bent us over. Buckle-up!
on February 3,2012 | 09:52AM
1local wrote:
Tesoro making its profits before selling out...
on February 3,2012 | 10:13AM
jusmetwocents wrote:
Oh great... Now the gas lines at Costco are going to get longer and longer!
on February 3,2012 | 10:17AM
what wrote:
Hawaii has some of the highest gas taxes in the nation, but the local government still says you are not paying enough. They are going to raise the Barrel Tax by a factor of about 10! This will increase the price of EVERYTHING you buy, because it takes fuel to transport it to you. Wake up Hawaii, you are being bent over the table by your elected government!
on February 3,2012 | 11:55AM
kainalu wrote:
Yo! Republican controlled house that just froze Federal workers' pay for the 3rd year in a row. How's about having your corporate buddies in Big Oil "freeze" the cost of fuel, eh? You're suppose to be representing ordinary Americans, not corporations.
on February 3,2012 | 10:07AM
LanaUlulani wrote:


Actually these rising gas prices are due to hyperinflation after President Obama pushed for Quantitative Easing 2 and 3. Incomes are not increasing... but food prices, power bill prices, and GAS PRICES are. No thanks to the Executive Branch of the U.S. government which is OWEbama.

Local people have NO ONE ELSE to blame except themselves. They keep voting for the same people over and over and over... and get the same result.


on February 3,2012 | 07:28PM
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