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Auto Club: Gasoline Prices Inch Downward for Fifth Consecutive Week.


News/Travel Editors & Automotive Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Aug. 2, 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 continued their downward crawl To search the Internet for hosts, Web pages or blogs. See crawler.  throughout the southwest during the past 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. .

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 $1.594 per gallon, which is 1.1 cents lower than last week's price, 3.4 cents lower than last month and 13 cents lower than prices at this time 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 $1.619, which is five-tenths of a cent lower than last week's level, 3 cents lower than last month and 22.1 cents lower than last year. Motorists in the central coast have an average price of $1.680, which is 1.4 cents below last week's price, 3.1 cents below last month and 16.3 cents under the price last year.

"Prices seem to be trending down for the remainder of the travel season," said Auto Club spokesperson Carol Thorp. "While refiners have been reducing production and supplies, which tends to drive prices up, a weak stock market and strong oil imports have had a moderating effect on the price of gasoline."


Average prices as of 12:01 a.m., Aug. 2:

Area                        Regular    Change from    Record Price
                                        last week

Los Angeles-Long Beach      $1.594      -1.1 cents    $2.036 (5/25/01)

San Diego                   $1.619      -0.5 cents    $2.025 (5/29/01)

Santa Barbara-Santa Maria-
Lompoc                      $1.680      -1.4 cents    $2.069 (5/16/01)

Las Vegas                   $1.503      -1.6 cents    $1.885 (3/27/00)

Phoenix-Mesa, Ariz.         $1.445      -0.7 cents    $1.720 (5/30/01)
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 2, 2002
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