Auto Club: Gas Prices Decline for Sixth Straight Week, but Leveling Off.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. -- 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, motorists benefited from another slight decline in gas prices throughout the region this week, 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. However, the sixth consecutive week of declines come on the heels of declines in production and inventory indicating that prices may be at a low point. The average price of self-serve regular 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 in the Los Angeles-Long Beach area is $2.241 a gallon, which is 2 cents lower than last week, 11 cents lower than last month and 48 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 $2.234, which is 1.5 cents below last week, 12 cents lower than last month and 47 cents above last year. On the Central Coast, the average price is $2.384, which is down 1.8 cents from last week, 9 cents below last month and 52 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 $2.254, which is down 2.4 cents from last week, 12 cents lower than last month and 50 cents higher than last year. "During the past week, California refineries reported an 8 percent drop in overall reformulated gasoline production and a 3 percent inventory reduction, according to state records," said Auto Club spokesperson, Carol Thorp. "Combined with renewed speculation over international events affecting oil production, such as Iraqi pipeline sabotage sabotage [Fr., sabot=wooden shoe; hence, to work clumsily], form of direct action by workers against employers through obstruction of work and/or lowering of plant efficiency. Methods range from peaceful slowing of production to destruction of property. and labor strikes, and strong summertime demand for gasoline, we could see retail prices remain flat or rise over the next few weeks." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., July 9.
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.241 -2.0 cents $2.368 (5/28/2004)
Orange County $2.221 -2.1 cents $2.353 (6/01/2004)
San Diego $2.234 -1.5 cents $2.373 (5/26/2004)
Santa Barbara-Santa Maria-
Lompoc $2.384 -1.8 cents $2.489 (5/29/2004)
Riverside-San Bernardino $2.254 -2.4 cents $2.399 (6/01/2004)
Bakersfield $2.263 -0.8 cents $2.383 (6/01/2004)
Las Vegas $2.076 -3.2 cents $2.279 (5/26/2004)
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