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Isle gas prices steady

After four weeks of stability or decline, retail gasoline prices surged more than 7 cents per gallon in the past three weeks, an industry analyst said yesterday.

The price for all three grades combined was $1.58 on Friday, up 7.1 cents since Dec. 19, according to the Lundberg Survey of 8,000 stations nationwide.

While another survey showed gas prices in Hawaii were virtually unchanged in the last month, they are still significantly higher than anywhere in the country.

AAA reported a state average of $2.09 a gallon for regular. Wailuku posted the highest per-gallon cost of $2.37 for regular.

Alaska has the next highest-priced gas in the country, according to AAA, with a gallon of regular averaging $1.79.

Several factors were responsible for the increase in prices, including rising crude oil prices, a weaker U.S. dollar, colder weather that drove up demand for home heating oil and two U.S. gasoline reformulations, said analyst Trilby Lundberg.

[ HAWAII INC. ]

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NEW JOB

>> Charles R. "Rod" Miller has joined Coldwell Banker Commercial Pacific Properties as a senior associate. He was previously a senior associate for more than 20 years with regional diversified real estate firm Chaney, Brooks & Co. Inc. He specializes in office, industrial and investment properties.

>> Revell Newton has been appointed sales and marketing director and Paula Dirks will serve as group sales director for the new Sheraton Keauhou Bay Resort & Spa on the Big Island. Newton was previously sales and marketing director for four years at Kapalua Bay Hotel on Maui. Dirks most recently served as group sales director at the St. Regis Los Angeles.

>> Rick Hoo has joined HomeStreet Bank's Honolulu branch as a loan officer. He will provide loan expertise and services to prospective and current Oahu home buyers. He previously worked for a wireless provider for more than 10 years. His experience includes retail sales and customer service.