Average retail gasoline prices in Honolulu have fallen 0.6 cents per gallon in the past week, averaging $4.23/g yesterday, according to GasBuddy’s daily survey of 214 gas outlets in Honolulu. This compares with the national average that has fallen 5.0 cents per gallon in the last week to $3.58/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Honolulu during the past week, prices yesterday were 12.1 cents per gallon higher than the same day one year ago and are 2.2 cents per gallon higher than a month ago. The national average has decreased 1.2 cents per gallon during the last month and stands 9.1 cents per gallon lower than this day one year ago.
“While gas prices in Anderson, SC have hit $2.99/gal in the last week, nationally, pump prices have also seen drops amounting to an average drop of a nickle per gallon,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Prices finally have dropped under their year ago values, just in time for those last minute vacations before school starts. The rest of the summer will likely see prices flirting with where they stand today, but more significant relief will arrive around mid-September, when prices nationally could be 10-25 cents per gallon lower than where they are today,” DeHaan said.
GasBuddy operates HonoluluGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.