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Auto Club: Gas Prices Crest and Finally Start Downward.


News Editors/Business Editors/Travel Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--March 28, 2003

After reaching new record high prices in some cities last week, 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 began moving slightly lower, 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 Weekend Gas Watch, compiled by 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. . Pump prices had moved higher for the previous 12 weeks.

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $2.163 per gallon gallon: see English units of measurement. , which is two-tenths of a cent lower than last week's price, 22 cents higher than last month and 60 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 $2.207, which is four-tenths of a cent below last week's level, 22 cents above last month and 59 cents higher than last year. Motorists in the central coast have an average price of $2.196, which is eight-tenths of a cent lower than last week's price, 22 cents higher than last month and 58 cents higher than last year.

"The annual change over from winter grade gasoline to summer grade is now complete in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , so the supply stream is once again moving smoothly," said Carol Thorp, spokesperson for the Automobile Club of Southern California. "We should see prices continue to edge lower over the next couple of weeks."

The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., March 28:


Area                        Regular   Change from    Record Price
                                       last week

Los Angeles-Long Beach      $2.163     -0.2 cents   $2.167 (3/22/03)

San Diego                   $2.207     -0.4 cents   $2.211 (3/20/03)

Santa Barbara-Santa Maria-
Lompoc                      $2.196     -0.8 cents   $2.207 (3/22/03)

Las Vegas                   $2.059     +1.2 cents   $2.063 (3/25/03)

Phoenix-Mesa, Ariz.         $1.990     -0.3 cents   $2.003 (3/22/03)
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Publication:Business Wire
Date:Mar 28, 2003
Words:311
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