Auto Club: Gas Prices Make U-Turn and Spike After Two Months of Declines.News/Travel Editors & Automotive Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Nov. 8, 2002 After eight weeks of declines, 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 reversed course last week and rose dramatically 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, , 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. . For several weeks, retail prices held steady while wholesale prices rose. But last week pump prices increased, mirroring wholesale levels. 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 $1.591 per gallon gallon: see English units of measurement. , which is 6.7 cents higher than last week's price, 2 cents higher than last month and 26 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 $1.655 which is 5 cents higher than last week's level, 2 cents above last month and 16 cents above last year. Motorists in the central coast have an average price of $1.650, which is 4.3 cents above last week's price, 1 cent lower than last month and 18 cents higher than last year. "For the past month, retail prices inched lower as wholesale gasoline prices moved steadily higher. Something had to give and pump prices jumped up," Auto Club spokesperson Carol Thorp said. "Currently, California has the highest gas prices in the continental U.S. and in the immediate future, those prices could rise even higher."
Average prices as of 12:01 a.m., Nov. 8:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.591 +6.7 cents $2.036 (5/25/01)
San Diego $1.655 +5.0 cents $2.025 (5/29/01)
Santa Barbara-Santa Maria-
Lompoc $1.650 +4.3 cents $2.069 (5/16/01)
Las Vegas $1.431 +0.8 cents $1.885 (3/27/00)
Phoenix-Mesa, Ariz. $1.374 +0.4 cents $1.720 (5/30/01)
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