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Auto Club: Lower Gas Prices Are Gift to Holiday Travelers; National Average Higher for the Past Week.


Business Editors

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--Dec. 25, 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 moved lower last week on ample supplies in the Southland south·land or South·land  
n.
A region in the south of a country or an area.



southland·er n.

Noun 1.
 and lower wintertime demand, 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. The national average for gasoline increased by 1.4 cents per gallon gallon: see English units of measurement. , due primarily to increased demand for heating fuels in the nation's midsection mid·sec·tion
n.
A middle section, especially the midriff of the body.
.

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.639, which is 2.4 cents lower than last week. This price is 10 cents lower than last month and 11 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 $1.663, which is 1.8 cents below last week's level, 8 cents below last month and 7 cents higher than last year. Motorists in the central coast pay an average price of $1.749, which is 2.1 cents lower than last week's price, 8 cents below last month and 14 cents higher than last year.

"With more people on the road this year for the holidays, motorists will find lower prices throughout the Southwest Southwest or south west is the ordinal direction halfway between south and west, the opposite of northeast.

Southwest or south west may also refer to:
  • The Southwestern United States
  • Southwest China
," said Carol Thorp, Auto Club spokesperson. "We expect this trend to continue for the next couple of weeks."

The Weekend Gas Watch monitors the average price of gasoline at metropolitan destinations throughout the nation. Average prices as of 12:01 a.m., Dec. 25:


Area                         Regular Change from     Record Price
                                      last week

Los Angeles-Long Beach       $1.639     -$0.024      $2.167 (3/22/03)
San Diego                    $1.663     -$0.018      $2.211 (3/20/03)
Santa Barbara-Santa Maria-
Lompoc                       $1.749     -$0.021      $2.233 (8/27/03)
National Average             $1.485     +$0.014      $1.737 (8/30/03)
New York                     $1.740     -$0.005      $1.968 (9/6/03)
Washington, D.C.             $1.574     -$0.018      $1.797 (5/16/01)
Boston                       $1.541     -$0.004      $1.812 (9/3/03)
Philadelphia                 $1.534     -$0.009      $1.807 (9/3/03)
Atlanta                      $1.345     +$0.015      $1.589 (3/18/03)
Miami                        $1.500     +$0.004      $1.761 (3/18/03)
Chicago                      $1.577     +$0.004      $2.142 (6/19/00)
Detroit                      $1.470     +$0.036      $2.137 (6/20/00)
Kansas City, MO              $1.373     +$0.021      $1.790 (6/21/00)
St. Louis                    $1.378     +$0.014      $1.767 (5/17/01)
Denver                       $1.438     +$0.081      $1.780 (6/5/01)
Dallas                       $1.420     +$0.019      $1.666 (5/12/01)
Houston                      $1.388     +$0.019      $1.639 (5/12/01)
Salt Lake City               $1.505     -$0.019      $1.789 (9/4/03)
Las Vegas                    $1.611     -$0.023      $2.063 (3/25/03)
Phoenix                      $1.499     -$0.013      $2.146 (8/26/03)
Seattle                      $1.516     -$0.016      $1.969 (9/4/03)
San Francisco                $1.750     -$0.014      $2.276 (3/19/03)
Honolulu                     $2.010     -$0.001      $2.054 (10/2/03)


The national average price of regular gasoline inched up in the past week but the expectation for the next few weeks is for a downward trend. There is plenty of supply due to gasoline imports going into January January: see month. , which traditionally is a low demand month.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 25, 2003
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