Auto Club: Gas Prices Rise on Pressure from Tight Supply and Higher Crude Oil Prices.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 moved sharply higher last week on the twin factors of tight supply caused by the annual turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. at California refineries and rising crude oil prices, 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 average price of self-serve regular gasoline in the Los LOS Length of stay, see there Angeles-Long Beach area is $2.159 a gallon, which is 6.3 cents higher than last week, 18 cents higher than last month and 24 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 $2.158, which is 5.9 cents higher than last week, 16 cents above last month and 22 cents above last year. On the Central Coast, the average price is $2.283, which is up 6.3 cents from last week, 17 cents higher than last month and 28 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 $2.171, which is up 7.5 cents from last week, 19 cents above last month and 23 cents above last year. "California refineries are in the middle of the annual turnaround, when maintenance is performed and the switch from winter grade to summer grade is completed. This process limits supply and causes prices to increase," said Auto Club spokeswoman Carol Thorp. "Crude oil prices have also climbed higher in the past week because investors are unsettled by continuing instability in the Middle East." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Feb. 18.
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.159 +6.3 cents $2.446 (10/21/2004)
Orange County $2.144 +7.1 cents $2.441 (10/23/2004)
San Diego $2.158 +5.9 cents $2.464 (10/21/2004)
Santa Barbara-Santa Maria-
Lompoc $2.283 +6.3 cents $2.570 (10/22/2004)
Riverside-San Bernardino $2.171 +7.5 cents $2.461 (10/21/2004)
Bakersfield $2.142 +4.5 cents $2.437 (10/23/2004)
Las Vegas $2.067 +4.4 cents $2.290 (10/20/2004)
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