Auto Club: Gasoline Follows Oil Prices 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. -- 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, continued higher last week as the rising cost of crude oil continues to push up local pump 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 $2.353, which is 4.8 cents higher than last week, 19 cents higher than last month and 18 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 $2.339, which is 4 cents higher than last week, 18 cents above last month and 15 cents above last year. On the Central Coast, the average price is $2.462, up 5.8 cents from last week, 18 cents higher than last month and 21 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 $2.373, up 4.6 cents from last week, 20 cents above last month and 17 cents above last year. "The main factor pushing our local gasoline price higher is the record price of crude oil," said Auto Club spokesperson Carol Thorp. "California has sufficient supplies of oil and gas. However, international oil markets are filled with fears of political instability in the Middle East. The threat of a potential oil shortage has caused traders to continue buying, even as prices rise higher and higher." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., March 18:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.353 +4.8 cents $2.446 (10/21/2004)
Orange County $2.348 +5.2 cents $2.441 (10/23/2004)
San Diego $2.339 +4.0 cents $2.464 (10/21/2004)
Santa Barbara-Santa Maria-
Lompoc $2.462 +5.8 cents $2.570 (10/22/2004)
Riverside-San Bernardino $2.373 +4.6 cents $2.461 (10/21/2004)
Bakersfield $2.343 +3.6 cents $2.437 (10/23/2004)
Las Vegas $2.291 +6.5 cents $2.291 (3/17/2005)
|
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion