Maui Business

Wailuku Gas $3.50, Hawai‘i Average $3.06

May 11, 2017, 9:07 AM HST
* Updated May 11, 9:11 AM
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Gas prices remained relatively stable over the past week throughout the islands, according to the AAA Hawaiʻi Weekend Gas Watch.

Wailuku’s average is $3.50, which is two cents higher than last Thursday, two cents more than a month ago, and 36 cents higher than on this date a year ago.

Today’s statewide average price is $3.06, which is one cent lower than last Thursday, the same price on this date a month ago, and 40 cents higher than on this date a year ago, according to GasPrices.AAA.com.

In Honolulu, today’s average price is $2.90, which is one cent less than last Thursday, one cent lower than on this date last month and 45 cents higher than last year. The Hilo average price is $3.04, which is down a penny from last week, the same price on this date last month and 32 cents higher than on this date a year ago.

“Despite mostly small price declines since last week, the region remains the most expensive market in the country for gasoline. The West Coast is the only region in the country where demand seems to counter oversupply,” said AAA Hawaiʻi General Manager Liane Sumida.

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“The latest Energy Information Association report shows that regionally gasoline supplies experienced the largest draw in seven weeks. According to the Oil Price Information Service, the inventory drop indicates regional demand has increased leading into the summer driving season and is likely to continue,” she said.

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