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Auto Club: Average Monthly Gas Price Hits Record High for Fourth Consecutive Month, but Prices Soften.


Energy Editors/News Editors/Business Editors/Travel Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--June 15, 2004

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,  rose another three cents from May to reach an all-time all-time
adj.
Exceeding all others up to the present time: an all-time speed skating record.


all-time
Adjective

Informal
 June June: see month.  high of $2.366 per gallon gallon: see English units of measurement.  for regular self-serve gasoline, 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. While this is another monthly record, prices in many cities have fallen from their record highs set in late May.

"Promises by 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
 to increase oil production and increased gasoline inventories are beginning to have an effect at the pump," said Auto Club spokesperson Carol Thorp. "While demand continues to be strong, prices started dropping during the past two weeks. They haven't have·n't  

Contraction of have not.


haven't have not
haven't have
 yet fallen to the same level as a month ago, so the change from May still registers as an increase. While the market is still volatile, motorists should expect to see prices decline for the next few weeks."

The Southern California average price for regular self-serve unleaded gasoline is $2.366, up from $2.336 on May 18. The highest previous June Fuel Gauge Report price was in 2001 at $2.01.

The lowest average price in Southern California is La Habra La Habra (lə hăb`rə), city (1990 pop. 51,266), Orange co., S Calif.; inc. 1925. A suburb of Los Angeles, La Habra was settled in the 1860s by Basque sheepherders. , where drivers can pump regular self-serve unleaded gasoline for an average $2.248. The highest price in the state is in Redlands Redlands, city (1990 pop. 60,394), San Bernardino co., S Calif., in the San Bernardino Valley; inc. 1888. Industries include software research and development and the manufacture of metal foil, furniture, and electrical equipment. , where regular goes for an average $2.489. 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 $2.33, up from $2.30 in May. Nationally, prices began dropping and the Fuel Gauge Report indicates that the national average is $1.980.

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

County/City               Unl         Pre      Unl May 18  Pre May 18
Imperial County
El Centro                2.410       2.604       2.419       2.544

Inyo County
Bishop                   2.434       2.646       2.379       2.504

Kern County
Bakersfield              2.341       2.552       2.306       2.489
Ridgecrest               2.371       2.558       2.301       2.484

Los Angeles County
Alhambra                 2.320       2.429       2.262       2.467
Arcadia                  2.333       2.529       2.294       2.499
Burbank                  2.292       2.486       2.288       2.459
Culver City              2.377       2.564       2.336       2.541
Glendale                 2.305       2.499       2.275       2.479
Glendora                 2.328       2.542       2.315       2.529
Inglewood                2.304       2.529       2.309       2.494
Lancaster                2.350       2.479       2.313       2.518
Long Beach               2.319       2.494       2.290       2.480
Los Angeles              2.342       2.536       2.311       2.532
Manhattan Beach          2.419       2.639       2.407       2.639
Montebello               2.372       2.544       2.345       2.522
Santa Clarita            2.359       2.539       2.339       2.544
Santa Monica             2.403       2.599       2.377       2.559
Van Nuys                 2.310       2.494       2.282       2.449
Whittier                 2.318       2.505       2.296       2.592
Woodland Hills           2.342       2.479       2.325       2.496

Orange County
Anaheim                  2.302       2.502       2.261       2.484
Fullerton                2.292       2.482       2.259       2.424
Huntington Beach         2.312       2.516       2.290       2.491
La Habra                 2.248       2.424       2.235       2.440
Laguna Beach             2.459       2.653       2.379       2.584
Newport Beach            2.400       2.442       2.366       2.549
San Clemente             2.342       2.566       2.349       2.503
Tustin                   2.330       2.499       2.298       2.514

Riverside County
Blythe                   2.475       2.669       2.479       2.759
Hemet                    2.288       2.489       2.293       2.494
Palm Springs             2.483       2.679       2.491       2.659
Riverside                2.346       2.368       2.306       2.450

San Bernardino County
Redlands                 2.489       2.685       2.375       2.575
San Bernardino           2.386       2.599       2.367       2.567
Victorville              2.486       2.682       2.372       2.572

San Diego County
Chula Vista              2.339       2.543       2.353       2.613
Del Mar                  2.419       2.509       2.402       2.662
Escondido                2.260       2.450       2.250       2.466
Oceanside                2.323       2.529       2.313       2.449
San Diego                2.333       2.505       2.340       2.541

San Luis Obispo County
San Luis Obispo          2.415       2.649       2.402       2.614

Santa Barbara County
Lompoc                   2.499       2.696       2.433       2.586
Santa Barbara            2.462       2.609       2.436       2.589
Santa Maria              2.438       2.630       2.412       2.539

Tulare County
Porterville              2.339       2.523       2.269       2.528
Visalia                  2.360       2.506       2.300       2.559

Ventura County
Ventura                  2.383       2.582       2.328       2.545

So. Calif. Avg.          2.366       2.546       2.336       2.533


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.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Date:Jun 15, 2004
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