Gas prices go up in another double-digit increase - Hawaii News Now - KGMB and KHNL

Gas prices go up in another double-digit increase

HONOLULU (HawaiiNewsNow) - Gasoline prices increased by double-digits in some areas over the past week. The statewide average Thursday is $4.25 a gallon, ten cents more than a week ago. It is the highest gas rate in the country. 

AAA Hawaii's Weekend Gas Watch said the gas price increase is as an ongoing result of market uncertainty about the effect of worldwide events on fuel supplies. At the same time last year in Honolulu, prices were 79 cents cheaper.

"As has been the case for much of 2011, unrest in the Middle East and Northern Africa and the aftermath of the Japanese earthquake and tsunami has continued to drive the markets during the past week," said AAA Hawaii Regional Manager Diane Peterson.

The cheapest fuel in the nation is in New Jersey and Wyoming, both with an average of $3.40.

Currently, gas is at $4.16 in Honolulu for regular unleaded, nine cents more than last week and 48 cents more than a month ago.

In Hilo, the average gas price is $4.30 a gallon, 13 cents more than last week, 51 cents more than last month and 83 cents more than this time last year.

The average price in Wailuku is $4.46 a gallon, 11 cents more than last week, 45 cents more than last month and 81 cents more than last year.

Copyright Hawaii News Now 2011. All rights reserved.

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