Hawaii residents are rejoicing the fact that the average gas prices around the state are now $3.75 gallon, but still pay significantly more than anywhere else in the United States. In fact, Alaska and New York are the only other states where the average price tops $3 per gallon. There are even some areas in the country that are already paying less than $2 per gallon. The national average is $2.60 per gallon. Still, Hawaii economists believe that the relative lower price of gas will help holiday spending, as residents will have a little extra cash in their pocket.
Source: Honolulu Star Advertiser, 12-15-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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