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Auto Club: Gas Prices Surge Higher.


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 endured double-digit increases at the gas pump for the second week in a row as prices reached new record highs every day 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.

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 LOS Length of stay, see there  Angeles-Long Beach area is $3.197, which is 16.8 cents higher than last week, 46 cents higher than last month and 59 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 $3.213 -- 9.7 cents above last week's price, 49 cents above last month and 62 cents above last year. On the Central Coast, the average price is $3.272, up 15.6 cents from last week, 44 cents above last month and 54 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 $3.225, up 17.2 cents from last week, 48 cents above last month and 60 cents higher than last year.

"Prices remain on the rise but there is hope that we may be nearing a peak," said Auto Club spokesperson Carol Thorp. "Wholesale gas prices have averaged about $2.60 per gallon for the past week. Taxes add about 60 cents to that, transportation and dealer profit is another 5-10 cents. Prices in the L.A./Long Beach area could peak at $3.25-$3.30 by mid-May then they could decline after Memorial Day."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., April 28:
Area                         Regular   Change from     Record Price
                                        last week
Los Angeles-Long Beach        $3.197   +16.8 cents  $3.197 (4/27/2006)

Orange County                 $3.177   +17.8 cents  $3.177 (4/27/2006)

San Diego                     $3.213    +9.7 cents  $3.213 (4/27/2006)

Santa Barbara-Santa Maria-
 Lompoc                       $3.272   +15.6 cents  $3.272 (4/27/2006)

Riverside-San Bernardino      $3.225   +17.2 cents  $3.225 (4/27/2006)

Bakersfield                   $3.210   +12.3 cents  $3.210 (4/27/2006)

Las Vegas                     $2.942   +14.0 cents  $2.968 (9/8/2005)
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 28, 2006
Words:349
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