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Auto Club: Gas Prices Down Across the Southwest; Fifth Straight Week of Declines.


News/Travel Editors & Automotive Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Oct. 11, 2002

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 in 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, , southern Nevada and Arizona declined last week for the fifth consecutive 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 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. .

Burgeoning supplies of refined fuel and weak demand are seen as the cause. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips.

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.563 per gallon gallon: see English units of measurement. , which is 1.9 cents lower than last week's price, 6 cents lower than last month and 4 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 $1.629 which is 1.2 cents lower than last week's level, 4 cents below last month and 4 cents lower than last year. Motorists in the central coast have an average price of $1.626, which is 3.2 cents below last week's price, 8 cents lower than last month and 3 cents lower than last year.

"In spite of threats of hostilities in the Middle East, we're experiencing what would be typical for October, which is ample supply of gas and a lower demand," said Carol Thorp, Auto Club spokesperson. "It appears that at this time, regular market forces are having a greater impact on pump prices than war fears."


Average prices as of 12:01 a.m., Oct. 11:

Area                        Regular    Change from    Record Price
                                        last week

Los Angeles-Long Beach      $1.563      -1.9 cents    $2.036 (5/25/01)

San Diego                   $1.629      -1.2 cents    $2.025 (5/29/01)

Santa Barbara-Santa Maria-
Lompoc                      $1.626      -3.2 cents    $2.069 (5/16/01)

Las Vegas                   $1.458      -1.5 cents    $1.885 (3/27/00)

Phoenix-Mesa, Ariz.         $1.383      -1.2 cents    $1.720 (5/30/01)

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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 11, 2002
Words:314
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