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Auto Club: Gas Prices Continue Upward Path.


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 rising throughout 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,  last week by at least 5 cents a gallon in most regions, 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. The turnaround process at the state's refineries is complete, but volatility in crude oil markets might keep gas prices high.

The average price of self-serve regular gasoline in the Los LOS Length of stay, see there  Angeles-Long Beach area is $2.305, which is 6.9 cents higher than last week, 20.9 cents higher than last month and 10.9 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 $2.299, which is 6 cents higher than last week, 23.8 cents above last month and 3 cents above last year. On the Central Coast, the average price is $2.404, up 5.6 cents from last week, 18.4 cents higher than last month and 14 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 $2.329, up 7.3 cents from last week, 23.3 cents above last month and 10.7 cents above last year.

"California's refiners are producing summer grade fuel at expected levels and there is plenty of oil and gas to meet the state's needs. Normally, that would lead to lower gas prices," said Auto Club spokeswoman Carol Thorp. "But crude oil has been trading at record high prices due to what traders call 'the fear premium.' High oil prices could push our gas prices higher."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., March 11:
Area                         Regular  Change from     Record Price
                                       last week

Los Angeles-Long Beach        $2.305  +6.9 cents   $2.446 (10/21/2004)

Orange County                 $2.296  +7.4 cents   $2.441 (10/23/2004)

San Diego                     $2.299  +6.0 cents   $2.464 (10/21/2004)

Santa Barbara-Santa Maria-
 Lompoc                       $2.404  +5.6 cents   $2.570 (10/22/2004)

Riverside-San Bernardino      $2.329  +7.3 cents   $2.461 (10/21/2004)

Bakersfield                   $2.299  +10.5 cents  $2.437 (10/23/2004)

Las Vegas                     $2.226  +7.4 cents   $2.290 (10/20/2004)
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 11, 2005
Words:357
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