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Auto Club: Gas Prices Set New Records.


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 continued soaring last week with every reporting region setting new record-high levels, 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 $2.446 a gallon, which is 8.9 cents higher than last week, 37 cents higher than last month and 64 cents above 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 $2.464, which is 7.3 cents higher than last week, 35 cents above last month and 68 cents higher than last year. On the Central Coast, the average price is $2.567, which is up 6.8 cents from last week, 32 cents higher than last month and 68 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 $2.461, which is up 7.4 cents from last week, 36 cents above last month and 69 cents above last year.

"The run-up in gasoline prices continued, but at a slower pace than the prior week, which indicates that we may be near a peak," said Auto Club spokesperson Carol Thorp. "Wholesale prices dropped in Los Angeles this week, and if that continues as a trend, then we should see some relief at the pumps in coming weeks."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Oct. 21.
Area                       Regular   Change from      Record Price
                                      last week

Los Angeles-Long Beach      $2.446    +8.9 cents   $2.446 (10/21/2004)

Orange County               $2.439    +7.9 cents   $2.439 (10/21/2004)

San Diego                   $2.464    +7.3 cents   $2.464 (10/21/2004)

Santa Barbara-Santa Maria-
  Lompoc                    $2.567    +6.8 cents   $2.567 (10/21/2004)

Riverside-San Bernardino    $2.461    +7.4 cents   $2.461 (10/21/2004)

Bakersfield                 $2.434    +6.7 cents   $2.434 (10/21/2004)

Las Vegas                   $2.289    +4.8 cents   $2.290 (10/20/2004)
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 22, 2004
Words:326
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