Printer Friendly
The Free Library
19,604,538 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Auto Club: Average Monthly Gas Hits Record High for February.


Business Editors/Automotive Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Feb. 17, 2004

The average price of regular gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by  in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  surged nearly 20 cents in a month to an all-time all-time
adj.
Exceeding all others up to the present time: an all-time speed skating record.


all-time
Adjective

Informal
 February high with more increases likely on the way, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Automobile Club of Southern California's monthly Fuel Gauge Report. An expanding economy combined with lower inventories and reduced production from California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  refineries in the middle of the routine changeover (programming) changeover - The time when a new system has been tested successfully and replaces the old system.  from winter to summer grade gasoline have propelled gasoline prices higher at a faster pace than in prior years.

The Southern California average price for regular self-serve unleaded gasoline is $1.939, up from $1.737 on Jan. 13, 2004. The previous highest February Fuel Gauge Report price was in 2003 at $1.730.

The lowest average price in Southern California is Porterville, where drivers can pump regular self-serve unleaded gasoline for an average $1.836, and the highest price is in Redlands, where regular goes for an average $2.079. San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  Bay-area motorists now pay an average of $1.90, up from $1.71 in January. Nationally, prices are up eight cents since the January AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 survey and now average $1.64 per gallon gallon: see English units of measurement. .

"A springtime gasoline price spike A burst of extra voltage in a power line that lasts only a few nanoseconds. See power surge, power swell, sag and surge suppression.

(jargon) spike - To defeat a selection mechanism by introducing a (sometimes temporary) device that forces a specific result.
 is becoming an annual institution in California," said Auto Club spokesperson Carol Thorp. "Production drops as many refineries need to change over from winter to summer formulation formulation /for·mu·la·tion/ (for?mu-la´shun) the act or product of formulating.

American Law Institute Formulation
 gasoline. When inventories are already at low levels, this changeover can cause prices to jump up. In addition, OPEC OPEC: see Organization of Petroleum Exporting Countries.
OPEC
 in full Organization of the Petroleum Exporting Countries

Multinational organization established in 1960 to coordinate the petroleum production and export policies of its
 recently announced a production cut, so some experts are saying that the price increases may last longer this year."

In Southern California, the averages for regular and premium grades of gasoline are listed below:

County/City                           Unl                 Pre
Imperial County
El Centro                            1.932               2.049

Inyo County
Bishop                               1.926               2.094

Kern County
Bakersfield                          1.862               2.029
Ridgecrest                           1.899               2.067

Los Angeles County
Alhambra                             1.939               1.999
Arcadia                              1.915               1.975
Burbank                              1.875               2.112
Culver City                          1.977               2.089
Glendale                             1.887               2.224
Glendora                             1.884               2.079
Inglewood                            1.938               2.094
Lancaster                            1.924               2.119
Long Beach                           1.918               2.067
Los Angeles                          1.926               2.126
Manhattan Beach                      2.004               2.207
Montebello                           1.941               2.144
Santa Clarita                        1.959               2.119
Santa Monica                         1.959               2.289
Van Nuys                             1.898               2.034
Whittier                             1.910               2.199
Woodland Hills                       1.944               2.139

Orange County
Anaheim                              1.856               2.109
Fullerton                            1.870               2.059
Huntington Beach                     1.898               2.066
La Habra                             1.865               2.059
Laguna Beach                         2.019               2.179
Newport Beach                        1.975               2.219
San Clemente                         1.994               2.109
Tustin                               1.930               2.084

Riverside County
Blythe                               2.020               2.199
Hemet                                1.905               2.082
Palm Springs                         2.023               2.209
Riverside                            1.913               2.096

San Bernardino County
Redlands                             2.079               2.279
San Bernardino                       1.966               2.113
Victorville                          1.898               2.045

San Diego County
Chula Vista                          1.969               2.226
Del Mar                              1.999               2.099
Escondido                            1.917               2.102
Oceanside                            1.975               2.179
San Diego                            1.959               2.171

San Luis Obispo County
San Luis Obispo                      1.978               2.229

Santa Barbara County
Lompoc                               1.979               2.145
Santa Barbara                        2.043               2.209
Santa Maria                          1.986               2.099

Tulare County
Porterville                          1.836               1.972
Visalia                              1.863               1.999

Ventura County
Ventura                              1.965               2.146

So. Calif. Avg.                      1.939               2.120


The Auto Club's Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 Southern California gas This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  stations. Oil Price Information Service -- the nation's most comprehensive source of petroleum pricing information, provides the data.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 17, 2004
Words:624
Previous Article:Onex Corporation: Announcement.
Next Article:Arch Capital Group Ltd. Reports 2003 Fourth Quarter Results.



Related Articles
SANTA CLARITA GAS PRICES ABOUT AVERAGE.
PUMP PRICES RISE IN REGION GALLON OF GAS AVERAGES $1.81.
AVERAGE GAS PRICE HITS $2.
GAS PRICES HIGHER IN SCV, STUDY SHOWS.
GASOLINE PRICES IN STATE HIT RECORD, CONTINUE TO CLIMB.
BRIEFCASE GAS PRICES DOWN BUT FALLING SLOWLY.
GAS PAINS WON'T SLOW TRAVEL AUTO CLUB PREDICTS HEAVY LABOR DAY TRAFFIC DESPITE SOARING FUEL COSTS.
GAS PRICES HEADED UP MARKET NOT MOVING ACCORDING TO PREDICTIONS.
IN SEARCH OF CHEAP GAS NEW ROUND OF INCREASES PUTS STUDENT ON THE HUNT.
GAS PRICES UP 11 DAYS IN A ROW.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles