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Friday, October 17, 2014

Average Gas Prices in Honolulu Drops to Below $4 Per Gallon

For the first time in nearly four years, the average gas prices in Honolulu drops to below $4 per gallon.  Furthermore, due to a recent plunge in the global price of oil, Hawaii customers should see additional relief, with analysts predicting that the average price of gas could fall to $3.60 by the middle of January.  This would also reduce shipping costs, electrical bills and airline tickets.  As a point of comparison, the average price of gas on the mainland United States is currently $3.16 per gallon.

Source: Honolulu Star Advertiser, 10-17-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com