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Auto Club: Gasoline Prices Take Slight Dip Throughout Region.


News/Travel Editors & Automotive Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Aug. 16, 2002

The summer trend of slight changes up and down in the average price of 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  continued last week as pump prices dipped marginally lower throughout the southwest, 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 $1.609 per gallon gallon: see English units of measurement. , which is nine-tenths of a cent lower than last week's price, 1 cent lower than last month and 3 cents higher 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 $1.642, which is four-tenths of a cent lower than last week's level, a half-cent higher than last month and 6 cents lower than last year. Motorists in the central coast have an average price of $1.690, which is six-tenths of a cent below last week's price, a half-cent below last month and 2 cents under the price last year.

"All summer long we've seen relative price stability and that remains as we near the end of the summer driving season," said Auto Club spokesperson Carol Thorp. "For the next couple of weeks we expect prices to stay close to their current levels, with perhaps a slight bump upward just before the Labor Day Labor Day, holiday celebrated in the United States and Canada on the first Monday in September to honor the laborer. It was inaugurated by the Knights of Labor in 1882 and made a national holiday by the U.S. Congress in 1894.  holiday weekend next month."


Average prices as of 12:01 a.m., Aug. 16:

Area                        Regular    Change from    Record Price
                                        last week

Los Angeles-Long Beach      $1.609      -0.9 cents    $2.036 (5/25/01)

San Diego                   $1.642      -0.4 cents    $2.025 (5/29/01)

Santa Barbara-Santa Maria-
Lompoc                      $1.690      -0.6 cents    $2.069 (5/16/01)

Las Vegas                   $1.494      -1.2 cents    $1.885 (3/27/00)

Phoenix-Mesa, Ariz.         $1.436      -0.1 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 16, 2002
Words:323
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