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Hawaii gas prices average $3.20 a gallon
By Associated Press
POSTED: 02:27 p.m. HST, Jul 02, 2009
Hawaii gas prices jumped by double digits this week, adding as much as 14 cents a gallon in the state that already had the most expensive fuel in the nation.
The gas price hike came because state lawmakers failed to extend a general excise tax exemption for ethanol-blended fuels. The tax break lapsed yesterday.
Hawaii gas prices averaged $3.20 per gallon today, far above the national average of $2.63, according to AAA’s Fuel Gauge Report. Average prices were $3.43 in Wailuku, $3.26 in Hilo and $3.12 in Honolulu, according to AAA.
A law passed in 2006 placed a moratorium on imposing the general excise tax on ethanol-blended fuels. The law expired Wednesday — the start of the new fiscal year — because it wasn’t renewed by the Legislature this year.
The state Tax Department has said the reimposed tax would generate an additional $40 million for the state treasury.
Hawaii gas prices jumped by double digits this week, adding as much as 14 cents a gallon in the state that already had the most expensive fuel in the nation.
The gas price hike came because state lawmakers failed to extend a general excise tax exemption for ethanol-blended fuels. The tax break lapsed yesterday.
Hawaii gas prices averaged $3.20 per gallon today, far above the national average of $2.63, according to AAA’s Fuel Gauge Report. Average prices were $3.43 in Wailuku, $3.26 in Hilo and $3.12 in Honolulu, according to AAA.
A law passed in 2006 placed a moratorium on imposing the general excise tax on ethanol-blended fuels. The law expired Wednesday — the start of the new fiscal year — because it wasn’t renewed by the Legislature this year.
The state Tax Department has said the reimposed tax would generate an additional $40 million for the state treasury.
Today’s Edition
- Friends and associates join search for missing kayaker
- Legislators cancel party plans
- Teachers willing to return for restored furlough days
- Harbor officials eye fee increase
- Mammograms: Do I really need this?
- Thanksgiving Day events serve food to those in need
- Kokua Line: Insurance verification uses Social Security info
- Newswatch
- Police and Fire
- Australia's move on credit card fees may have lessons for U.S.
- At Iraqi museum, Google chief announces plan to put artifacts online
- Kona holiday fundraiser helps culinary students
- By Request: Help others and collect the year's best recipes
- The Electric Kitchen: Desserts offer options to usual pumpkin pie
- Pet Ohana
- Da Kine
- Got nutrients?
- Wahine advance to WAC final
- Medeiros catches on at slot
- Prep World: Jamora ready for Govs
- Prep World: Athletes of the Week
- Prep briefs
- Say and Look have Aiea and 'Iolani talking, watching wins
- Cincinnati rolls through Maryland at Maui Invitational
- Couples will play in Hawaii
- Local aces
- Hawaii Beat
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