California overtakes Honolulu on gas prices - Hawaii News Now - KGMB and KHNL

California overtakes Honolulu on gas prices

By Howard Dicus - bio | email

HONOLULU (HawaiiNewsNow) - Mainland gasoline prices are rising faster than prices in Hawaii, with the result that all Hawaii prices no longer top all California prices.

The AAA state average regular price in California is $3.90 a gallon, two cents more than the statewide average price in Hawaii, based on the organization's Monday morning postings.

AAA says in its daily Fuel Gauge report that the average price of regular is $3.78 in Honolulu, $3.91 in Hilo and $4.12 in Wailuku. Hawaii residents know prices are much higher in more remote locations such as Hana, Hanalei, Lanai and Molokai, but AAA doesn't survey there.

By comparison, AAA finds average regular is $3.91 in Los Angeles and Oakland, $3.92 in San Diego and Bakersfield, and $3.95 in San Francisco. Most other locations in California have more expensive gasoline than Honolulu - plus much longer average commutes.

West Texas Intermediate, the U.S. benchmark crude oil, was $105 a barrel Monday morning, but crude oil price trends take about 60 days to move through the economic pipeline to the retail pump; current increases at gas stations reflect earlier upward movement in crude.

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