Auto Club: Gas Prices Up 60 Percent in 2002.News/Travel Editors & Automotive Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--March 29, 2002 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 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, have recorded their 12th consecutive week of increases with current levels about 60 percent above where they were on Jan. 1, 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. . At the beginning of 2002, gasoline prices in Southern California hovered just below $1 per gallon gallon: see English units of measurement. . 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 $1.578 per gallon, which is 5.3 cents above last week's price. 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 $1.630, which is five cents higher than last week's level. Motorists in the central coast have an average price of $1.630, which is 5.4 cents above last week's price. The price for L.A-Long Beach is 25 cents higher than prices a month ago; however, it is four cents below the price at this time last year. The price for San Diego is 23 cents higher than last month and 16 cents lower than last year. In the Santa Barbara-Santa Maria-Lompoc area, today's price is 22 cents higher than last month's price and 16 cents lower than the price last year. "In the first three months of 2002, pump prices have risen nearly 60 percent and there don't appear to be any factors that can stem increases in the near term," said Auto Club spokesperson Jeffrey Spring. "There is some expectation that with a strengthening economy there may be more demand for gasoline this spring, which could put upward pressure on prices. We'll be watching closely the rate of production by refineries to see if they'll keep up with demand, or produce at lower levels in order to keep prices higher." Average prices as of 12:01 a.m., March 29: Area Regular Change from last week Record Price Los Angeles-Long Beach $1.578 +5.3 cents $2.036 (5/25) San Diego $1.630 +5.0 cents $2.025 (5/29) Santa Barbara-Santa Maria- Lompoc $1.630 +5.4 cents $2.069 (5/16) Las Vegas $1.382 +4.7 cents $1.885 (3/27/00) Phoenix-Mesa, Ariz. $1.284 +4.9 cents $1.720 (5/30) |
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