Updated at 1:09 p.m., Friday, January 25, 2008
Hawaii-U.S. gasoline price gap narrowing
Advertiser Staff
The average price of a gallon of regular gasoline in Hawai'i has risen slower than the national average over the year, though the state's average price remains the highest in the country.The AAA's Fuel Gauge Report Web site shows Hawai'i's statewide average rose to $3.479 from $2.892 a year earlier, a gain of about 20 percent.
The national average increased at a faster pace during the year.
It rose to $2.998 from $2.145, or about 40 percent higher than year earlier.
The difference in price gains resulted in Hawai'i's average price becoming closer to the national average compared to a year earlier.
Local prices are now 16 percent higher than the national average.
A year ago the gap was almost 35 percent.
The site also showed Honolulu's average price rose also.
The average price for a gallon in Honolulu rose to $3.362 from $2.792 a year ago.
The gap between Honolulu prices and the national average has declined slightly during the year.
It is now 16 percent versus 16.7 percent last year at this time.
