Mainland Gas Price Spike, Hawaii Prices Still Highest - Hawaii News Now - KGMB and KHNL

Mainland Gas Price Spike, Hawaii Prices Still Highest

Energy expert Fereidun Fesharaki talks to KHNL News 8 reporter Kristine Uyeno. Energy expert Fereidun Fesharaki talks to KHNL News 8 reporter Kristine Uyeno.

by Kristine Uyeno

(KHNL)  - Gas prices across the country keep increasing, but around Hawaii, the cost has pretty much stabilized.

It's about $3.30 a gallon for regular unleaded on Oahu.

"They haven't fluctuated too much between high and low so it's basically the standard price now," said Jacob Knight, driver.

Experts say enjoy it now because prices in Hawaii should increase by the end of the summer.

Energy expert Fereidun Fesharaki says that's how long it'll take for the current increase in crude oil prices to reach us.

Experts blame crude oil costs and growing tension with Iran and North Korea for high gas prices. Locally, Fesharaki says we'll likely approach the $4 mark next year.

"But as we go forward between 2008 and 2010, the price will likely be $5 a gallon," said Fesharaki.

And if that happens, the majority of drivers we talked to say they'll definitely change the way they travel.

"Five bucks a gallon is way too much to pay just to drive around," said Knight.

"I'd catch the bus or ride a bike or moped or even buy a smaller car," said Brandon Fale, driver.

But others say high gas prices won't force them off the road.

"I'll still pay the price of gas," said one driver.

While Americans think they're paying too much for gas, drivers in other countries are shelling out a lot more.

Experts say drivers in London pay the most, about $8 a gallon.

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