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Auto Club: Falling Demand Sends Gasoline Prices Lower.


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 price of a gallon gallon: see English units of measurement.  of 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,  fell by almost 9 cents per gallon in the past month as motorists reduced driving after paying pump prices that topped $3 per gallon in September, 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 The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions.  monthly Fuel Gauge Report.

The Southern California October average price for regular self-serve gasoline is $2.943, which is 8.8 cents below last month's price of $3.031.

"All-time record-high prices in September had their effect on demand for gasoline in October," said Auto Club spokesperson Carol Thorp. "Most people can't reduce essential driving, such as commuting to work. But seeing gasoline prices above $3 per gallon apparently was enough for motorists cut back discretionary driving. As demand for gasoline dropped, pump prices followed."

However, the gasoline price dynamic may change this week as forecasters chart the course of Hurricane Wilma Hurricane Wilma was the most intense hurricane ever recorded in the Atlantic basin. Exceeding the 21 storms of the 1933 season, Wilma was the twenty-second storm (including the subtropical storm discovered in reanalysis), thirteenth hurricane, sixth major hurricane, and fourth , which is churning Firing one group of employees and hiring another. As companies move into newer, high-tech ventures, they often eliminate employees with older skills while bringing on new people who have computer programming, networking and Web experience.  through the Caribbean Sea Caribbean Sea (kâr'ĭbē`ən, kərĭb`ēən), tropical sea, c.970,000 sq mi (2,512,950 sq km), arm of the Atlantic Ocean, Central America. . Currently, Wilma is expected to miss the beleaguered be·lea·guer  
tr.v. be·lea·guered, be·lea·guer·ing, be·lea·guers
1. To harass; beset: We are beleaguered by problems.

2. To surround with troops; besiege.
 oil producing regions of Texas and Louisiana.

Statewide, the average price for October is $2.923, down 10.6 cents from $3.029 in September. The all-time record high of $3.054 was set on Sept. 9. The lowest average price in California is in 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 regular is selling for $2.782. Blythe reports the state's highest average price at $3.201.

Nationally, the average price is $2.742, down from $2.956 in September. The least expensive gasoline in the country is found in Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm , where the average gas price is $2.242. The highest average price for gas in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  in Wailuku, Hawaii Wailuku is a census-designated place (CDP) in Maui County, Hawaiʻi, United States. The population was 12,296 at the 2000 census. It is the county seat of Maui CountyGR6. , where a gallon of regular unleaded sells for $3.75.

In Southern California, the averages for regular and premium grades of gasoline are listed below:
County                       Reg 10-18  Reg 9-13   Pre 10-18  Pre 9-13

Imperial County
El Centro                      2.993      3.203      3.179      3.399

Inyo County
Bishop                         3.047      3.199      3.259      3.325

Kern County
Bakersfield                    2.889      3.124      3.115      3.336
Ridgecrest                       n/a      3.199        n/a      3.154

Los Angeles County
Alhambra                       2.891      2.924      2.979      3.039
Arcadia                        2.939      2.990      3.179      3.229
Burbank                        2.936      3.000      3.099      3.257
Culver City                    3.022      3.089      3.179      3.542
Glendale                       2.913      2.991      3.159      3.167
Glendora                       2.825      2.963      2.959      3.149
Inglewood                      2.888      2.977      3.099      3.159
Lancaster                      2.964      3.060      3.029      3.249
Long Beach                     2.891      2.967      3.011      3.120
Los Angeles                    2.948      3.015      3.081      3.143
Manhattan Beach                2.952      2.942      3.099      3.079
Montebello                     2.915      2.992      2.999      2.979
Santa Clarita                  2.977      3.006      3.199      3.166
Santa Monica                   2.966      3.063      3.195      3.359
Van Nuys                       2.909      2.936      3.032      3.076
Whittier                       2.883      2.940      2.913      2.977
Woodland Hills                 2.949      2.998      3.165      3.215

Orange County
Anaheim                        2.786      2.904      2.885      3.008
Fullerton                      2.773      2.907      2.935      3.082
Huntington Beach               2.809      2.951      2.993      3.146
La Habra                       2.782      2.873      3.039      3.091
Laguna Beach                   3.009      3.066      3.219      3.319
Newport Beach                  2.977      3.052      3.173      3.259
San Clemente                   2.981      3.038      3.206      3.212
Tustin                         2.914      3.002      3.059      3.189

Riverside County
Blythe                         3.201      3.179      3.199      3.254
Hemet                          2.959      2.999      2.882      2.959
Palm Springs                   3.022      3.072      3.229      3.259
Riverside                      2.881      2.954      3.055      3.122

San Bernardino County
Redlands                       2.905      2.942      3.202      3.179
San Bernardino                 2.937      3.005      2.977      2.897
Victorville                    2.995      3.070      2.926      3.081

San Diego County
Chula Vista                    2.939      3.016      3.121      3.316
Del Mar                        3.034      3.052      3.326      3.199
Escondido                      2.902      3.012      3.259      3.229
Oceanside                      2.960      3.069      3.189      3.319
San Diego                      2.976      3.042      3.190      3.243

San Luis Obispo County
San Luis Obispo                2.985      3.061      3.246      3.386

Santa Barbara County
Lompoc                         3.002      3.084      3.239      3.279
Santa Barbara                  3.009      3.113      3.146      3.079
Santa Maria                    3.050      3.097      3.194      3.259

Tulare County
Porterville                    2.943      3.199      3.034      3.290
Visalia                        2.943      3.175      3.166      3.299

Ventura County
Ventura                        2.927      2.964      2.945      3.012

So. Cal. Avg.                  2.943      3.031      3.106      3.189


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. Editors, for regional average daily fuel prices nationwide, please go to www.fuelgaugereport.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 2005
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