Maui Gas Prices Drop for 7th Week Straight
Gas price declines of up to seven cents a gallon continued around the islands for the seventh week, according to the AAA Hawaiʻi Weekend Gas Watch.
In Kahului and Wailuku, the average price is $3.80, which is the same price as last Thursday, 24 cents lower than on this date last month and five cents higher than on this date a year ago.
Līhue’s average price for regular is $3.63, which is one cent lower than last Thursday, 31 cents lower than on this date last month and nine cents more than a year ago.
The Hilo average price is $3.39, which is down seven cents from last Thursday, 38 cents less than on this date last month and 10 cents higher than on this date a year ago.
In Honolulu, today’s average price for regular is $3.27, which is six cents lower than last Thursday, 34 cents lower than on this date a month ago and 15 cents higher than on this date last year.
“Heading into 2019, gasoline demand is expected to dwindle during January, an expected change following the busy holiday travel season,” said Liane Sumida, AAA Hawaiʻi general manager. “At the same time, OPEC will begin production cuts on January 1, a move designed to push oil prices higher. The effectiveness of the cuts will likely not be known until later in the first quarter.”
Today’s statewide average price is $3.40 a gallon, which is six cents lower than last Thursday, 34 cents lower than a month ago and 11 cents more than a year ago, according to AAA Hawaiʻi.