Maui News

Maui Gas Prices Drop for 6th Straight Week

December 24, 2018, 7:47 AM HST
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Gas price declines of up to 13 cents a gallon continued around the islands for the sixth week helped by free-falling crude oil prices pushed to their lowest levels since August 2017.

In Kahului and Wailuku, the average price is $3.80, which is 13 cents lower than last Thursday, 31 cents lower than on this date last month and five cents higher than on this date a year ago.  That according to the AAA Hawaiʻi Weekend Gas Watch, released on Thursday.

The Hilo average price is $3.46, which is down 12 cents from last Thursday, 36 cents less than on this date last month and 20 cents higher than on this date a year ago.

Līhue’s average price for regular is $3.64, which is 10 cents lower than last Thursday, 34 cents lower than on this date last month and 12 cents more than a year ago.

In Honolulu, the average price for regular is $3.33, which is nine cents lower than last Thursday, 36 cents lower than on this date a month ago and 21 cents higher than on this date last year.

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The statewide average price is $3.46 a gallon, which is 10 cents lower than last Thursday, 36 cents lower than a month ago and 17 cents more than a year ago, according to GasPrices.AAA.com.

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“The Energy Information Administration’s weekly petroleum status report showed that western United States gasoline stocks increased by approximately 600,000 barrels to 28.3 million barrels,” said Liane Sumida, AAA Hawaiʻi general manager. “Gasoline stocks are now approximately 2.4 million barrels lower than where they were at the same time last year, which could cause prices to rise again if there is a supply challenge in the region.”

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