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Auto Club: Average Monthly Gas Price Falls 12 Cents from June.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  -- The average monthly 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,  dropped 12 cents from June June: see month. , but still set an all-time all-time
adj.
Exceeding all others up to the present time: an all-time speed skating record.


all-time
Adjective

Informal
 high for the month of July July: see month. , 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 automobile, self-propelled vehicle used for travel on land. The term is commonly applied to a four-wheeled vehicle designed to carry two to six passengers and a limited amount of cargo, as contrasted with a truck, which is designed primarily for the transportation of  Club of Southern California's monthly Fuel Gauge Report.

The Southern California average price for regular self-serve unleaded gasoline is $2.247, down from $2.366 on June 15. The highest previous July Fuel Gauge Report price was in 2001 at $1.84.

"Most 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 are running at maximum capacity to meet demand, and, so far, have experienced only minor production problems," said Auto Club spokesperson Carol Thorp. "As long as production remains problem-free, some of the volatility Volatility

1. A statistical measure of the tendency of a market or security to rise or fall sharply within a period of time.

2. A variable in option pricing formulas that denotes the extent to which the return of the underlying asset will fluctuate between now and the
 in the wholesale market is reduced. The true test will come in August, when summer driving hits its peak, and demand usually increases. After declining for a number of weeks, prices have remained flat in recent days and could be poised for an upward turn."

The lowest average price in Southern California is Anaheim Anaheim (ăn`əhīm), city (1990 pop. 266,406), Orange co., S Calif., SE of Los Angeles; inc. 1870. Anaheim was founded by Germans in 1857 as an experiment in communal living. , where drivers can pump regular self-serve unleaded gasoline for an average $2.160. The highest price in the region is in Lompoc Lompoc (lŏm`pōk), city (1990 pop. 37,649), Santa Barbara co., S Calif., in an oil and agricultural area; inc. 1888. It has a huge flower-seed industry and two large diatomaceous earth mines. , where regular goes for an average $2.412. Nationally, the Fuel Gauge Report indicates that the national average is $1.904, down from $1.980 in June.

In Southern California, the averages for regular and premium grades of gasoline are listed below:
County                Reg July 13 Pre July 13 Reg June 15 Pre June 15
Imperial County
El Centro               2.256       2.459       2.410       2.604

Inyo County
Bishop                  2.376       2.584       2.434       2.646

Kern County
Bakersfield             2.205       2.393       2.341       2.552
Ridgecrest              2.337       2.549       2.371       2.558

Los Angeles County
Alhambra                2.217       2.409       2.320       2.429
Arcadia                 2.206       2.439       2.333       2.529
Burbank                 2.194       2.399       2.292       2.486
Culver City             2.249       2.416       2.377       2.564
Glendale                2.210       2.382       2.305       2.499
Glendora                2.170       2.402       2.328       2.542
Inglewood               2.215       2.459       2.304       2.529
Lancaster               2.197       2.409       2.350       2.479
Long Beach              2.210       2.449       2.319       2.494
Los Angeles             2.238       2.437       2.342       2.536
Manhattan Beach         2.279       2.446       2.419       2.639
Montebello              2.272       2.439       2.372       2.544
Santa Clarita           2.285       2.452       2.359       2.539
Santa Monica            2.258       2.534       2.403       2.599
Van Nuys                2.192       2.339       2.310       2.494
Whittier                2.182       2.361       2.318       2.505
Woodland Hills          2.232       2.435       2.342       2.479

Orange County
Anaheim                 2.160       2.321       2.302       2.502
Fullerton               2.164       2.345       2.292       2.482
Huntington Beach        2.189       2.423       2.312       2.516
La Habra                2.134       2.227       2.248       2.424
Laguna Beach            2.293       2.385       2.459       2.653
Newport Beach           2.280       2.511       2.400       2.442
San Clemente            2.326       2.554       2.342       2.566
Tustin                  2.229       2.393       2.330       2.499

Riverside County
Blythe                  2.372       2.639       2.475       2.669
Hemet                   2.190       2.425       2.288       2.489
Palm Springs            2.350       2.629       2.483       2.679
Riverside               2.216       2.316       2.346       2.368

San Bernardino County
Redlands                2.234       2.484       2.489       2.685
San Bernardino          2.224       2.405       2.386       2.599
Victorville             2.210       2.404       2.486       2.682

San Diego County
Chula Vista             2.256       2.487       2.339       2.543
Del Mar                 2.257       2.424       2.419       2.509
Escondido               2.169       2.396       2.260       2.450
Oceanside               2.222       2.443       2.323       2.529
San Diego               2.238       2.453       2.333       2.505

San Luis Obispo County
San Luis Obispo         2.299       2.514       2.415       2.649

Santa Barbara County
Lompoc                  2.412       2.647       2.499       2.696
Santa Barbara           2.344       2.579       2.462       2.609
Santa Maria             2.363       2.452       2.438       2.630

Tulare County
Porterville             2.244       2.414       2.339       2.523
Visalia                 2.256       2.432       2.360       2.506

Ventura County
Ventura                 2.240       2.441       2.383       2.582

So. Calif. Avg.         2.247       2.444       2.366       2.546


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.

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Publication:Business Wire
Date:Jul 13, 2004
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