Auto Club: Gas Prices Continue Rising as Oil Markets Heat Up.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 continued their upward arc as they reached or neared all-time record highs across the region, 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. Riverside/San Bernardino, Bakersfield and Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. recorded new record high prices. Projections of new spikes in crude oil sent petroleum higher, possibly ending hopes that gas prices would fall soon. The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.435, which is 5.3 cents higher than last week, 23 cents higher than last month and 36 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 $2.428, which is 5.6 cents higher than last week, 21 cents above last month and 29 cents above last year. On the Central Coast, the average price is $2.537, up 3.8 cents from last week, 21 cents higher than last month and 32 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 a new record high of $2.461, up 3.2 cents from last week, 24 cents above last month and 29 cents above last year. "One analyst indicated that oil could climb above the record price of $57 per barrel soon, and that sent crude futures higher," said Auto Club spokesman Paul Gonzales Paul Garza Gonzales (born April 18, 1964 in East Los Angeles, California) was an American boxer, who won the light flyweight gold medal at the 1984 Summer Olympics. Amateur Career . "There are ample supplies of oil and gas to meet our needs. The factor holding up local gas prices has been the high cost of crude oil. Unless crude falls, local gas prices will continue rising." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., April 1:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.435 +5.3 cents $2.446 (10/21/2004)
Orange County $2.428 +5.3 cents $2.441 (10/23/2004)
San Diego $2.428 +5.6 cents $2.464 (10/21/2004)
Santa Barbara-Santa Maria-
Lompoc $2.537 +3.8 cents $2.570 (10/22/2004)
Riverside-San Bernardino $2.461 +3.2 cents $2.461 (3/31/2005)
Bakersfield $2.469 +8.5 cents $2.469 (3/31/2005)
Las Vegas $2.380 +6.4 cents $2.380 (3/31/2005)
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