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Auto Club: Monthly Gas Price Average Turns Upward.


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,  reversed course and climbed nearly 7 cents in the past month as higher oil prices and the winter refinery maintenance season contributed to upward pressure on retail prices, 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 monthly Fuel Gauge Report.

The Southern California January January: see month.  average price for regular self-serve gasoline is $2.357, which is up 6.8 cents from a Dec. 20, 2005, average of $2.289.

"Crude oil prices have been creeping creeping

1. gradual progression of a lesion or tissue growth.

2. prostrate growth pattern of a plant, e.g. c. buttercup (Ranunculus repens), c. caustic (Euphorbia drummondii), c. charlie (Glechoma hederacea), c.
 up in recent days and traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 are anticipating a decline in inventory due to refineries reducing production to perform annual maintenance," said Auto Club spokesperson Carol Thorp. "Opinion is split on the short-term Short-term

Any investments with a maturity of one year or less.


short-term

1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time.
 direction of gasoline prices. Some analysts think oil is overpriced o·ver·price  
tr.v. o·ver·priced, o·ver·pric·ing, o·ver·pric·es
To put too high a price or value on.


overpriced
Adjective

costing more than it is thought to be worth

Adj.
 because there is sufficient inventory, while others believe this is the early beginning of a spring run-up run-up or run·up
n.
An often sudden increase: a run-up in interest rates; a run-up in food prices; a run-up in house values.

Noun 1.
 in prices."

Statewide, the average price for January is $2.360, up 11 cents from $2.250 in December December: see month. . The all-time record high of $3.054 was set on Sept. 9, 2005. The lowest average price in Southern California is in La Habra La Habra (lə hăb`rə), city (1990 pop. 51,266), Orange co., S Calif.; inc. 1925. A suburb of Los Angeles, La Habra was settled in the 1860s by Basque sheepherders. , where regular is selling for $2.225. Blythe reports the region's highest average price at $2.559.

Nationally, the average price is $2.322, up from $2.210 in December. The state with the lowest gas price average is Utah at $2.088. The nation's highest average price is in Hawaii, where regular gasoline is selling for an average of $2.695.

In Southern California, the averages for regular and premium grades of gasoline are listed below:
Reg        Reg        Pre        Pre
County/City                1-10-06   12-20-05    1-10-06   12-20-05
Imperial County
El Centro                   2.474      2.326      2.449      2.464

Inyo County
Bishop                      2.397      2.479      2.749      2.679

Kern County
Bakersfield                 2.332      2.247      2.409      2.457
Ridgecrest                  2.399      2.459      2.443      2.661

Los Angeles County
Alhambra                    2.280      2.201      2.556      2.369
Arcadia                     2.360      2.265      2.432      2.339
Burbank                     2.300      2.248      2.299      2.342
Culver City                 2.426      2.342      2.479      2.249
Glendale                    2.290      2.241      2.479      2.426
Glendora                    2.279      2.219      2.559      2.469
Inglewood                   2.308      2.215      2.399      2.419
Lancaster                   2.332      2.244      2.428      2.259
Long Beach                  2.306      2.220      2.500      2.371
Los Angeles                 2.344      2.276      2.518      2.444
Manhattan Beach             2.327      2.262      2.588      2.339
Montebello                  2.310      2.218      2.189      2.159
Santa Clarita               2.312      2.223      2.499      2.469
Santa Monica                2.376      2.327      2.759      2.569
Van Nuys                    2.276      2.223      2.395      2.366
Whittier                    2.278      2.213      2.297      2.219
Woodland Hills              2.346      2.294      2.519      2.474

Orange County
Anaheim                     2.262      2.182      2.334      2.250
Fullerton                   2.227      2.125      2.342      2.209
Huntington Beach            2.243      2.136      2.432      2.330
La Habra                    2.225      2.114      2.419      2.319
Laguna Beach                2.419      2.350      2.635      2.599
Newport Beach               2.348      2.276      2.565      2.479
San Clemente                2.414      2.344      2.487      2.514
Tustin                      2.333      2.276      2.559      2.439

Riverside County
Blythe                      2.559      2.575      2.599      2.599
Hemet                       2.373      2.284      2.309      2.364
Palm Springs                2.359      2.399      2.603      2.646
Riverside                   2.304      2.238      2.507      2.407

San Bernardino County
Redlands                    2.277      2.172      2.556      2.399
San Bernardino              2.318      2.265      2.370      2.239
Victorville                 2.332      2.269      2.306      2.203

San Diego County
Chula Vista                 2.394      2.271      2.591      2.628
Del Mar                     2.466      2.322      2.649      2.469
Escondido                   2.336      2.247      2.588      2.472
Oceanside                   2.394      2.336      2.699      2.554
San Diego                   2.392      2.301      2.684      2.614

San Luis Obispo County
San Luis Obispo             2.488      2.398      2.724      2.631

Santa Barbara County
Lompoc                      2.481      2.411      2.757      2.684
Santa Barbara               2.492      2.414      2.506      2.486
Santa Maria                 2.488      2.422      2.526      2.399

Tulare County
Porterville                 2.419      2.399      2.505      2.489
Visalia                     2.385      2.329      2.633      2.552

Ventura County
Ventura                     2.349      2.276      2.402      2.313

So. Calif. Avg.             2.357      2.289      2.505      2.434


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:Jan 11, 2006
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