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Friday, December 23, 2005

State's Gas Cap to Fall by 3 Cents

Dec 22, 2005, 07:09 AM MST Email to a Friend Printer Friendly Version

HONOLULU (AP) - The state's cap on wholesale gas prices will drop three cents on Oahu next week to one dollar 85 cents.
The new cap was released Wednesday by the state's Public Utilities Commission.
Starting next week, the cap on pre-tax wholesale gasoline will be set at one dollar 99 cents on both Maui and Kauai, and two dollars in Hilo.
Drivers will pay more than that at the pump because retail prices include a dealer markup and federal, state, and county taxes.
The statewide average price of a gallon of unleaded gas on Wednesday was two dollars 66-cents, according to Triple-A's Fuel Gauge Report.

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