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Auto Club: Gas Prices Continue Higher but at a Slower Rate.


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.  -- 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 have risen for the third straight week, but at a slower rate, indicating that pump prices may be reaching a temporary plateau, 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. Prices this week rose between 2 and 5 cents per gallon, while last week they spiked 15-16 cents in most areas.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.450, which is 4.6 cents higher than last week, 20 cents higher than last month and 47 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 $2.506 -- 5 cents above last week's price, 21 cents above last month and 52 cents above last year. On the Central Coast, the average price is $2.592, up 3.1 cents from last week, 10 cents higher than last month and 49 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 $2.476, up 5.3 cents from last week, 20 cents above last month and 50 cents higher than last year.

"Motorists might seen prices stabilize stabilize

See peg.
 over the next week or two, but that could only be a temporary pause," Auto Club spokesperson Carol Thorp said. "Upward pressure on gas prices will increase in February due to reduced production as refineries rush to finish the changeover (programming) changeover - The time when a new system has been tested successfully and replaces the old system.  from producing winter grade to summer grade fuel before the March 1 deadline."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Jan. 20:
Area                         Regular  Change from      Record Price
                                       last week
Los Angeles-Long Beach        $2.450   +4.6 cents    $2.999 (9/6/2005)

Orange County                 $2.408   +3.1 cents    $2.970 (9/6/2005)

San Diego                     $2.506   +5.0 cents    $3.060 (9/5/2005)

Santa Barbara-Santa Maria-
 Lompoc                       $2.592   +3.1 cents    $3.111 (9/7/2005)

Riverside-San Bernardino      $2.476   +5.3 cents    $3.030 (9/9/2005)

Bakersfield                   $2.467   +2.2 cents    $3.167 (9/9/2005)

Las Vegas                     $2.342   +2.3 cents    $2.968 (9/8/2005)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 20, 2006
Words:350
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