Hawaii Gas Prices and Sales Contracts

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Multi-State
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US-OG-799
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Word; 
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Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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Hawaii Average Gas Price RegularPremiumCurrent Avg.$5.01$5.39Yesterday's Avg.$5.01$5.39Week Ago Avg.$5.01$5.4Month Ago Avg.$5.06$5.431 more row

As a gas supplier, we provide gas products and related services to approximately 70,000 residential and commercial customers on all six major Hawaiian islands.

But perhaps the greatest factor, Haan says, is a lack of refining infrastructure that goes back decades and has isolated the Golden State. ?California has made it very difficult to be a refinery here. In fact, the number of refineries here has fallen by more than half since 1991,? he says.

In California, the average price for a gallon of gas is about 55% higher than the national average, AAA data shows. The eye-popping prices in the nation's most populous state owe to a surge in the cost of crude oil combined with output disruptions that have choked refinery capacity, industry analysts told ABC News.

California's traditionally high gas prices are attributed to local taxes and fees?among the highest in the country?as well as state regulations regarding a special low-pollution blend, which means stations get their supply only from certain refineries.

Taxes: Both California and Hawaii have relatively high state taxes on gasoline. California, in particular, has one of the highest gas taxes in the nation.

Energy prices in Hawaii skyrocketed after Russia's invasion of Ukraine in 2022, which prompted Russian oil embargoes. Before the war, Russia provided about 25-30% of Hawaii's oil.

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Hawaii Gas Prices and Sales Contracts