AAA: 2015 Gas Prices Second-Cheapest In A Decade

The company reports that this year, Hawaiʻi drivers saved hundreds of dollars at the pump compared to 2015, according to their Weekend Gas Watch report.

Diesel is also poised for another year of cheaper prices, as the EIA’s outlook calls for a 2016 average of $2.67, or about four cents below the current year.

The Oil Price Information Service says a driver buying about 11 gallons of gas a week spent $550 less in 2015 than the year before. Average prices in the Manchester and Seacoast areas are even lower, at $1.948 and $1.968, respectively.

Honolulu’s average gas price is $2.52 today, two cents less than last Thursday, 14 cents less than last month and 85 cents less than this time previous year. The five priciest states are California, Nevada, Washington, Alaska and Hawaii, charging $2.47 or more.

No one paid as much as Californians for gas, the first time that’s ever happened.

The AAA estimates that the gas savings will continue in the new year. This summer, it cost about $2.75 a gallon to fill up, with the average price now at $2.01. The culprit: unplanned maintenance at some major refineries.

AAA Hawaiʻi is reporting that Hawaiʻi drivers are enjoying some of the lowest gas prices sine 2009. Pump prices jumped 12 cents at several stations in Rochester overnight going from $1.77 to $1.89 per gallon for unleaded regular. “There now is a glut of crude oil around the world that has grown faster than demand, and that situation is unlikely to change significantly as Iranian oil enters the marketplace and because the global economy is growing at a relatively weak pace”.

The annual average for a gallon of gas in 2015 was $2.40. Not bad when you think about to the spring of 2014 when a gallon of gas in Lincoln would cost you close to $4.00 a gallon. And as we close the book on 2015 the national average for a gallon of gas

 

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