“Today, crude oil prices, the main ingredient for gasoline, is less than half the price it was a year ago,” said Nuuanu gas station owner Barney Robinson, “so that’s why we’re enjoying lower prices today.”
Hawaii ranks among the highest average of gas prices, but Robinson said the state will no longer be on the top of the list. It now trails Nevada, California and Alaska.
“California has a supply problem,” explained Robinson, “and they have a boutique gasoline requirement, so when they have a supply problem, it always drives gas (prices) up there.”
Dave Rolf with the Hawaii Automobile Dealers Association said there’s an increased interest in consumers looking to buy bigger vehicles as gas prices remain low.
Car sales have dipped dramatically since 2005, when Hawaii dealers saw 70,000 new vehicle registrations.
“It’s a really nice time to get a new vehicle,” Rolf said. “They’re crushing a lot of new vehicles as they go off the road."
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