Auto Club: Gasoline Prices in Ninth Week of Decline.Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Oct. 31, 2003 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 for the ninth consecutive week. Continued ample gasoline supply and stable demand are still the major factors determining prices at the pump, 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 $1.760 per gallon gallon: see English units of measurement. , which is 3.2 cents lower than last week, 20 cents lower than last month and 25 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 $1.753, which is 2.5 cents below last week's level, 21 cents below last month and 16 cents higher than last year. Motorists in the central coast pay an average price of $1.855, which is 2.6 cents lower than last week's price, 19 cents below last month and 25 cents higher than last year. "While prices have continued to decline, we've we've Contraction of we have. we've have seen the rate of decline slow down," said Carol Thorp, Auto Club spokesperson. "There is plenty of gasoline to meet current demand, but we believe prices may be leveling off soon." 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. 31:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.760 -3.2 cents $2.167(3/22/03)
San Diego $1.753 -2.5 cents $2.211(3/20/03)
Santa Barbara-Santa Maria-
Lompoc $1.855 -2.6 cents $2.233(8/27/03)
Las Vegas, NV $1.679 -1.6 cents $2.063(3/25/03)
Phoenix, AZ $1.630 -3.6 cents $2.146(8/26/03)
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