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Auto Club: Gas Prices Continue Downward Fall.


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.  -- 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,  motorists enjoyed the eighth consecutive week of falling gas prices, 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. Motorists are benefiting from continued lower crude oil futures that are trading around $42 per barrel currently and lower demand.

The average price of self-serve regular 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 the Los Angeles-Long Beach area is $2.143 a gallon, which is 5.6 cents lower than last week, 20 cents lower than last month and 48 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 $2.163, which is 6.8 cents lower than last week, 21 cents below last month and 47 cents above last year. On the Central Coast, the average price is $2.278, which is down 5 cents from last week, 21 cents lower than last month and 50 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 $2.150, which is down 6.9 cents from last week, 22 cents below last month and 49 cents above last year.

"As crude oil prices and consumer demand fall, so should gas prices," said Auto Club spokesperson Carol Thorp. "We expect the trend of lower gasoline prices to continue for the rest of 2004."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Dec. 17.
Area                         Regular   Change from     Record Price
                                        last week

Los Angeles-Long Beach        $2.143   -5.6 cents   $2.446(10/21/2004)

Orange County                 $2.123   -6.8 cents   $2.441(10/23/2004)

San Diego                     $2.163   -6.8 cents   $2.464(10/21/2004)

Santa Barbara-Santa Maria-
 Lompoc                       $2.278   -5.0 cents   $2.570(10/22/2004)

Riverside-San Bernardino      $2.150   -6.9 cents   $2.461(10/21/2004)

Bakersfield                   $2.153   -6.1 cents   $2.437(10/23/2004)

Las Vegas                     $1.972   -8.8 cents   $2.290(10/20/2004)
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 17, 2004
Words:319
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