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Auto Club: Gas Prices Continue Slow Slide.


News Editors/Business Editors/Travel Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--July 4, 2003

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, which began declining two weeks ago, continued their slide last week as Southland south·land or South·land  
n.
A region in the south of a country or an area.



southland·er n.

Noun 1.
 motorists prepare for the Independence Day holiday, 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 $1.767 per gallon, which is seven-tenths of a cent lower than last week's price, 2 cents higher than last month and 14 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 $1.778, which is four-tenths of a cent below last week's level, 7 cents above last month and 13 cents above last year. Motorists in the central coast have an average price of $1.883, which is 1.1 cents lower than last week's price, the same as last month and 18 cents higher than last year.

"For two weeks we've seen stability in wholesale prices, which is a big factor in keeping pump prices in check," said Carol Thorp, spokesperson for the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. . "There is ample supply of gasoline, so people traveling by car this holiday weekend should have no trouble getting gas."

The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., July 4:


Area                              Regular  Change from  Record Price
                                            last week

Los Angeles-Long Beach            $1.767  -0.7 cents  $2.167 (3/22/03)

San Diego                         $1.778  -0.4 cents  $2.211 (3/20/03)

Santa Barbara-Santa Maria-
Lompoc                            $1.883  -1.1 cents  $2.207 (3/22/03)

Las Vegas                         $1.715  -1.7 cents  $2.063 (3/25/03)

Phoenix-Mesa, Ariz.               $1.645  -2.2 cents  $2.003 (3/22/03)

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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 4, 2003
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