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Auto Club: Gas Prices U-Turn and Move 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.  -- After 13 weeks of steady 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 began 2006 by turning higher, 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. Conditions indicate that rapid increases in pump prices are likely in the next couple of weeks.

The average price of self-serve regular gasoline in the Los LOS Length of stay, see there  Angeles-Long Beach area is $2.238, which is 1.2 cents higher than last week, 14 cents lower than last month and 23 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 $2.315 -- 3.1 cents above last week's price, 8 cents below last month and 28 cents above last year. On the Central Coast, the average price is $2.410, up 2 cents from last week, 10 cents lower than last month and 27 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 $2.283, up 3 cents from last week, 12 cents below last month and 27 cents higher than last year.

"Wholesale gasoline prices have jumped about 15 percent in the past two weeks as speculators buy into a market that they expect to be much higher within a few weeks," Auto Club spokesperson Carol Thorp said. "Motorists can expect to see sharp increases in the next week."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Jan. 6:
Area             Regular   Change from      Record Price
                                       last week
Los Angeles-Long Beach       $2.238    +1.2 cents    $2.999 (9/6/2005)

Orange County                $2.213    +2.3 cents    $2.970 (9/6/2005)

San Diego                    $2.315    +3.1 cents    $3.060 (9/5/2005)

Santa Barbara-Santa Maria-
 Lompoc                      $2.410    +2.0 cents    $3.111 (9/7/2005)

Riverside-San Bernardino     $2.283    +3.0 cents    $3.030 (9/9/2005)

Bakersfield                  $2.355    +2.8 cents    $3.167 (9/9/2005)

Las Vegas                    $2.183    +1.5 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:Jan 6, 2006
Words:322
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