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Auto Club: Monthly Gas Price Average Sets New Record.


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.  -- The average price of a gallon gallon: see English units of measurement.  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  in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  vaulted 51 cents from April to May obliterating o·blit·er·ate  
tr.v. o·blit·er·at·ed, o·blit·er·at·ing, o·blit·er·ates
1. To do away with completely so as to leave no trace. See Synonyms at abolish.

2.
 the prior record monthly average gasoline price set last fall, 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 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.  monthly Fuel Gauge Report.

The Southern California May average price for regular self-serve gasoline is $3.417, up from the April 11 average of $2.903. The prior record was set in September September: see month.  2005 at $3.03.

"Gas prices have climbed $1.06 since December, due to a variety of oil and gas trader concerns about production in Nigeria, Iran and Venezuela as well as a scarcity Scarcity

The basic economic problem which arises from people having unlimited wants while there are and always will be limited resources. Because of scarcity, various economic decisions must be made to allocate resources efficiently.
 of the additive additive

In foods, any of various chemical substances added to produce desirable effects. Additives include such substances as artificial or natural colourings and flavourings; stabilizers, emulsifiers, and thickeners; preservatives and humectants (moisture-retainers); and
, ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. , in the southeast part of the nation," said Auto Club spokesperson Carol Thorp. "However, federal reports have indicated that high gas prices have reduced demand in recent weeks, and reduced demand should moderate prices."

Statewide, the average price for May is $3.378, up from is $2.860, in April. This eclipses This Eclipse is a Polvo EP released in 1995. It was recorded and mixed by Brian Paulson and released on Merge Records. Track listing
  1. "Bat Radar" - 4:13
  2. "Bombs That Fall From Your Eyes" - 5:28
  3. "Titan Up" - 3:14
  4. "Production Values" - 1:28
 the prior all-time record high of $3.054 that was set on Sept. 9, 2005. The lowest average price in the state is in San Rafael San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , where regular is selling for $3.223. Blythe reports the state's highest average price at $3.608.

Nationally, the average price is $2.943, up from $2.686 in April. The state with the highest gas price average is Hawaii at $3.400. Oklahoma has the lowest average price of $2.712.

In Southern California, the averages for regular and premium grades of gasoline are listed below:
County/City                        Reg 5-16 Reg 4-11 Pre 5-16 Pre 4-11
Imperial County
El Centro                            3.555    3.003    3.739    3.167

Inyo County
Bishop                               3.559    2.999    3.742    3.186

Kern County
Bakersfield                          3.430    2.885    3.601    3.019
Ridgecrest                           3.451    2.894    3.399    2.844

Los Angeles County
Alhambra                             3.279    2.902    3.512    3.099
Arcadia                              3.419    2.902    3.624    3.089
Burbank                              3.412    2.884    3.592    3.106
Culver City                          3.430    2.933    3.542    3.129
Glendale                             3.383    2.875    3.599    3.069
Glendora                             3.412    2.839    3.524    3.026
Inglewood                            3.386    2.854    3.599    3.059
Lancaster                            3.438    2.889    3.649    3.099
Long Beach                           3.373    2.865    3.579    2.981
Los Angeles                          3.421    2.915    3.596    3.079
Manhattan Beach                      3.415    2.944    3.559    3.159
Montebello                           3.368    2.859    3.326    2.883
Santa Clarita                        3.342    2.893    3.454    3.080
Santa Monica                         3.403    2.900    3.599    3.139
Van Nuys                             3.379    2.829    3.549    3.004
Whittier                             3.339    2.811    3.487    2.969
Woodland Hills                       3.402    2.897    3.619    3.099

Orange County
Anaheim                              3.306    2.802    3.484    2.959
Fullerton                            3.327    2.796    3.484    2.989
Huntington Beach                     3.355    2.828    3.532    2.974
La Habra                             3.300    2.763    3.449    2.839
Laguna Beach                         3.425    2.989    3.537    3.176
Newport Beach                        3.420    2.937    3.652    3.172
San Clemente                         3.436    2.949    3.579    3.139
Tustin                               3.393    2.907    3.599    3.119

Riverside County
Blythe                               3.608    3.115    3.809    3.149
Hemet                                3.403    2.882    3.419    2.899
Palm Springs                         3.481    2.971    3.699    3.192
Riverside                            3.417    2.875    3.589    3.052

San Bernardino County
Redlands                             3.447    2.906    3.662    3.079
San Bernardino                       3.444    2.890    3.499    3.061
Victorville                          3.446    2.916    3.507    2.993

San Diego County
Chula Vista                          3.420    2.894    3.649    3.092
Del Mar                              3.546    3.022    3.319    3.194
Escondido                            3.400    2.847    3.581    3.032
Oceanside                            3.453    2.883    3.649    3.069
San Diego                            3.437    2.894    3.630    3.075

San Luis Obispo County
San Luis Obispo                      3.433    2.939    3.619    3.159

Santa Barbara County
Lompoc                               3.466    2.937    3.659    3.124
Santa Barbara                        3.490    2.997    3.602    3.184
Santa Maria                          3.466    2.984    3.578    3.199

Tulare County
Porterville                          3.411    2.907    3.619    3.094
Visalia                              3.363    2.902    3.462    3.039

Ventura County
Ventura                              3.344    2.836    3.489    2.955

So. Calif. Avg.                      3.417    2.903    3.568    3.069


The Auto Club's Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 Southern California gas This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  stations. Oil Price Information Service -- the nation's most comprehensive source of petroleum pricing information, provides the data. Editors, for regional average daily fuel prices nationwide, please go to www.fuelgaugereport.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2006
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