Auto Club: Downward Drift Continues.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. -- Growing inventories sent retail 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 prices drifting lower last week for the third consecutive week, 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 Weekend Gas Watch. The average price of self-serve regular gasoline in the Los LOS Length of stay, see there Angeles-Long Beach area is $2.319 a gallon, which is 3.1 cents lower than last week, 3 cents higher than last month and 54 cents higher than last year. In San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , the price is $2.306, which is 3.4 cents below last week, the same as last month and 55 cents above last year. Motorists in the Central Coast pay an average price of $2.456, which is down 2.2 cents since last week, 6 cents above last month and 56 cents higher than last year. "Inventories of gasoline are building, and that has helped push prices lower here 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, for three straight weeks," said Auto Club spokesperson, Carol Thorp. "Conditions point to the downward trend continuing through the July 4th holiday period with prices possibly in the $2.25 range, which is about 50 cents higher than this time last year." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., June 18. Area Regular Change from last week Record Price Los Angeles-Long Beach $2.319 -3.1 cents $2.368 (5/28/2004) Orange County $2.302 -3.2 cents $2.353 (6/01/2004) San Diego $2.306 -3.4 cents $2.373 (5/26/2004) Santa Barbara-Santa Maria-Lompoc $2.456 -2.2 cents $2.489 (5/29/2004) Riverside-San Bernardino $2.338 -3.6 cents $2.399 (6/01/2004) Bakersfield $2.335 -3.9 cents $2.383 (6/01/2004) Las Vegas $2.202 -5.3 cents $2.279 (5/26/2004) |
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