Auto Club: Gas Prices Bouncing on the Bottom.News Editors/Automotive Writers LOS ANGELES--(BUSINESS WIRE)--Dec. 5, 2003 After 11 weeks of price declines, then two weeks of slight increases, 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 registered small ups and downs ups and downs pl.n. Alternating periods of good and bad fortune or spirits. ups and downs Noun, pl alternating periods of good and bad luck or high and low spirits last week, indicating that prices are at or near their bottom throughout the Southwest, 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. Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.720 per gallon, which is 1.3 cents lower than November 26. This price is 2 cents lower than last month and 16 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 $1.743, which is two-tenths of a cent below last week's level, three-tenths of a cent above last month and 10 cents higher than last year. Motorists in the central coast pay an average price of $1.822, which is 1.4 cents lower than last week's price, 2 cents below last month and 19 cents higher than last year. "Last week's slight rise in gas price was due, primarily, to an increased demand for ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. blended gasoline," said Carol Thorp, Auto Club spokesperson. "Refineries in California, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Connecticut must complete their change from MTBE MTBE Methyl-tert-butyl-ether Surgery An aliphatic ether that rapidly dissolves cholesterol stones in vivo, introduced under local anesthesia via a percutaneous transhepatic cholecystectomy catheter, as a non-invasive method for treating gallstones; after injection, to ethanol blends by January 1. California refineries have already completed the process, but as other states eliminate MTBE and the demand for ethanol increases, it could push up gasoline prices here in California in early 2004. As long as there are no supply disruptions, we can expect to see prices at or close to their current level for the rest of 2003." The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., Dec. 5:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.720 -1.3 cents $2.167 (3/22/03)
San Diego $1.743 -0.2 cents $2.211 (3/20/03)
Santa Barbara-Santa Maria-
Lompoc $1.822 -1.4 cents $2.233 (8/27/03)
Las Vegas $1.703 +0.6 cents $2.063 (3/25/03)
Phoenix $1.545 -1.6 cents $2.146 (8/26/03)
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