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Auto Club: Gasoline Prices Maintain Downward Trend.


Energy Editors/News Editors/Travel Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Oct. 10, 2003

For the sixth consecutive week, 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 declined throughout the Southwest, bringing the average price below $1.90 per gallon in the 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.  and 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.  regions for the first time in two months, 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.

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.890 per gallon, which is 5.5 cents lower than last week, 22 cents lower than last month and 32 cents higher than last year. In San Diego, the price is $ 1.878, which is 5.8 cents below last week's level, 26 cents below last month and 25 cents higher than last year. Motorists in the Central Coast pay an average price of $1.972, which is 6.1 cents lower than last week's price, 25 cents below last month and 35 cents higher than last year.

"The downward trend in gas prices should continue for the next few weeks," said Carol Thorp, Auto Club spokesperson. "While the price of crude oil has been fluctuating fluc·tu·ate  
v. fluc·tu·at·ed, fluc·tu·at·ing, fluc·tu·ates

v.intr.
1. To vary irregularly. See Synonyms at swing.

2. To rise and fall in or as if in waves; undulate.

v.
, the California gasoline market has ample supply coupled with lower demand. These factors should motivate retailers to continue lowering prices."

The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., Oct. 10:

Area                       Regular   Change from      Record Price
                                      last week

Los Angeles-Long Beach     $1.890     -5.5 cents      $2.167 (3/22/03)

San Diego                  $1.878     -5.8 cents      $2.211 (3/20/03)

Santa Barbara-
Santa Maria-Lompoc         $1.972     -6.1 cents      $2.233 (8/27/03)

Las Vegas                  $1.734     -3.6 cents      $2.063 (3/25/03)

Phoenix                    $1.768     -6.2 cents      $2.146 (8/26/03)
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Publication:Business Wire
Date:Oct 10, 2003
Words:308
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