Auto Club: Gasoline Prices Drop for 11 Straight Weeks.News Editors/Business Editors/Travel Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--June 6, 2003 Prices at the gas pump fell throughout the Southwest for the 11th consecutive 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 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. . Currently, the average price of self-serve regular unleaded 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 Angeles-Long Beach area is $1.738 per gallon gallon: see English units of measurement. , which is 4 cents lower than last week's price, 22.5 cents lower than last month and 16 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 $1.701, which is 3.3 cents below last week's level, 27 cents below last month and 10.5 cents above last year. Motorists in the central coast have an average price of $1.870, which is 2.9 cents lower than last week's price, 15.9 cents lower than last month and 20.6 cents higher than last year. "We've we've Contraction of we have. we've have seen nearly three months of slowly falling prices and that trend should continue for the short term," said Carol Thorp, spokesperson for the Automobile Club of Southern California. "Crude oil and gasoline inventories have increased significantly in recent days which relieves some analyst concerns over potential supply problems. However, crude oil prices have climbed back to $30 per barrel range and this could affect retail prices later in the summer." The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., June 6:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.738 -4.0 cents $2.167 (3/22/03)
San Diego $1.701 -3.3 cents $2.211 (3/20/03)
Santa Barbara-Santa Maria-
Lompoc $1.870 -2.9 cents $2.207 (3/22/03)
Las Vegas $1.681 -3.2 cents $2.063 (3/25/03)
Phoenix-Mesa, Ariz. $1.616 -3.9 cents $2.003 (3/22/03)
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