Auto Club: Falling Gasoline Prices Becoming a Trend; Third Consecutive Week of Lower Prices.News/Travel Editors & Automotive Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Dec. 6, 2002 For the third straight week 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 in the southwest region fell below the previous 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 Weekend Gas Watch, compiled by 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. . During that three-week period, the average price of a gallon gallon: see English units of measurement. of gas in the Los Angeles-Long Beach area fell 3.6 cents. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.564 per gallon, which is 1.2 cents lower than last week's price, 2 cents lower than last month and 43 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 $1.639, which is 1.2 cents lower than last week's level, 1 cent below last month and 31 cents more than last year. Motorists in the central coast have an average price of $1.634, which is 1.2 cents below the price last week, 2 cents below last month and 39 cents higher than last year. "Weak seasonal demand is the primary reason for falling gas prices," said Auto Club spokesperson Carol Thorp. "There are ample gasoline supplies on the market so we should see the downward trend continuing at least for the next week."
Average prices as of 12:01 a.m., Dec. 6:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.564 -1.2 cents $2.036 (5/25/01)
San Diego $1.639 -1.2 cents $2.025 (5/29/01)
Santa Barbara-Santa Maria-
Lompoc $1.634 -1.2 cents $2.069 (5/16/01)
Las Vegas $1.428 -1.7 cents $1.885 (3/27/00)
Phoenix-Mesa, Ariz. $1.353 -1.6 cents $1.720 (5/30/01)
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