Auto Club: Fourth of July Weekend Sees Fifth Straight Week of Gas 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. -- 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. motorists will enjoy lower 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 for the Independence Day weekend. This was the fifth consecutive week of lower prices, but indicators point to the possibility of prices finding a low point, 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 $2.261 a gallon gallon: see English units of measurement. , which is 2.8 cents lower than last week, 11 cents lower than last month and 49 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 $2.249, which is 1.4 cents below last week, 12 cents lower than last month and 47 cents above last year. On the Central Coast, the average price is $2.402, which is down 2.3 cents from last week, 8 cents below last month and 52 cents higher than last year. "Over the past several weeks, the nation's inventories of gasoline have grown and that has contributed to the downward trend in gasoline prices," said Auto Club spokesperson, Carol Thorp. "Now, the summer driving season is in full swing. Demand has been building steadily, cutting into inventories. Prices could continue lower for another week, but it's likely that we're close to a low point. By this time next month, gas prices could be rising into record high territory again." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., July 2.
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.261 -2.8 cents $2.368 (5/28/2004)
Orange County $2.242 -2.3 cents $2.353 (6/01/2004)
San Diego $2.249 -1.4 cents $2.373 (5/26/2004)
Santa Barbara-Santa Maria-
Lompoc $2.402 -2.3 cents $2.489 (5/29/2004)
Riverside-San Bernardino $2.278 -1.4 cents $2.399 (6/01/2004)
Bakersfield $2.271 -2.3 cents $2.383 (6/01/2004)
Las Vegas $2.108 -3.1 cents $2.279 (5/26/2004)
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