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Friday, January 6, 2012

Gas Prices on the Rise Again

According to a report by AAA Hawaii, gas prices are on the rise once again, after a total of 11 consecutive weeks of declines.  The report stated that the average price of a gallon of regular unleaded gas for the state is $4.03.  This means that Hawaii continues to have the most expensive gas in the nation, followed by Alaska with an average price of $3.86 per gallon.  The national average for a gallon of self-serve regular gasoline is $3.31.  Regional manage for AAA Hawaii, Diane Peterson, stated, "On an annual average basis, U.S. motorists paid the all-time highest price for gasoline in 2011, surpassing the former all-time record set in 2008.  We'll have to see what 2012 brings."

Source: Honolulu Star Advertiser, 1-6-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com