Hawaii Gas Prices Rise Quickly July 1st
Thursday, July 2nd, 2009Most of you noticed a few things different about driving the streets of Hawaii. One of them was the honolulu cell phone ban and the other was that gas prices shot up. Although we’ve recently observed Hawaii gas prices heading higher yesterday was a shock for many.
A the general excise tax on gas is back July 1st which caused prices to rise as much at least 10 cents a gallon and in some places even more due to the day to day fluctuations. A gallon a regular gas which was just over $3 on June 30th now is tough to find for less than $3.15!
In 2006 state legislature put a moratorium on the gas general excise tax while gas prices were heading higher and higher which was to be reevaluated in June 2009. But that time has come and past and with the state having a tough time balancing the budget (aka running out of money) we can most likely say goodbye to the help and hello to high prices.
And here I thought the cost of a barrel of oil was going down? Why has my gas bill been going up up up?

