Auto Club: October Won't Be a Treat for Gas Prices.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. -- October culminates with Halloween, but the beginning of the month will feature no treats at the gas pumps, 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 aftermath of four Florida hurricanes The List of Florida hurricanes encompasses 470 tropical or subtropical cyclones that affected the state of Florida. More storms hit Florida than any other U.S. state, and since 1851 only eighteen hurricane seasons passed without a storm impacting the state. pushed wholesale 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 and crude oil futures prices Futures price The price at which parties to a futures contract agree to transact upon the settlement date. to near record heights and that could send retail prices soaring over the next couple of weeks. The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.113 a gallon, which is 3.2 cents higher than last week, 3 cents higher than last month and 15 cents above 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 $2.149, which is 3.2 cents higher than last week, 4 cents above last month and 19 cents higher than last year. On the Central Coast, the average price is $2.264, which is up 1.9 cents from last week, the same as last month and 22 cents higher than last year. In the Inland Empire In·land Empire A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area. , the average price is $2.139, which is up 2.5 cents from last week, 4 cents above last month and 20 cents above last year. "Wholesale gasoline and crude oil prices spiked as four hurricanes roared through Florida and the Gulf Coast. During that time, our gas prices continued lower," said Auto Club spokesperson Carol Thorp. "Now the pendulum swing of high prices has hit California and there could be a couple of weeks of sharp increases before the pendulum swings back in the other direction." The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Oct. 1.
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $2.113 +3.2 cents $2.368 (5/28/2004)
Orange County $2.110 +2.9 cents $2.353 (6/01/2004)
San Diego $2.149 +3.2 cents $2.373 (5/26/2004)
Santa Barbara-Santa Maria-
Lompoc $2.264 +1.9 cents $2.489 (5/29/2004)
Riverside-San Bernardino $2.139 +2.5 cents $2.399 (6/01/2004)
Bakersfield $2.160 +5.6 cents $2.383 (6/01/2004)
Las Vegas $2.084 +4.2 cents $2.279 (5/26/2004)
|
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion