Auto Club: Eighth Straight Week of Price Declines.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. -- For the eighth consecutive week 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, 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 continued lower, but indicators point to the possibility that they may bottom out soon, 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 $2.373, which is 3.5 cents lower than last week, 18 cents lower than last month and one cent lower 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 $2.377, a 2.8-cents decline from last week, 18 cents below last month and three cents above last year. On the Central Coast, the average price is $2.506, down 4.1 cents from last week, 17 cents lower than last month and three cents higher than last year. In the Inland Empire In·land Empire A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area. , the average price is $2.358, down 3.4 cents from last week, 22 cents below last month and two cents below last year. "Gas prices have been drifting lower for almost two months. But in the past couple of weeks, the price of crude oil has risen to the $54 range, sending wholesale gasoline prices higher. Those factors indicate that local retail prices could bottom out soon," said Auto Club spokesperson Carol Thorp. "If crude stays at its current level, we may see the end of our lower price trend in the next week or two." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., June 10.
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.373 -3.5 cents $2.625 (4/13/2005)
Orange County $2.363 -4.0 cents $2.605 (4/21/2005)
San Diego $2.377 -2.8 cents $2.626 (4/12/2005)
Santa Barbara-Santa
Maria-Lompoc $2.506 -4.1 cents $2.730 (4/29/2005)
Riverside-San
Bernardino $2.358 -3.4 cents $2.649 (4/13/2005)
Bakersfield $2.351 -3.0 cents $2.682 (4/22/2005)
Las Vegas $2.289 -0.6 cents $2.534 (4/14/2005)
|
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion