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Auto Club: Prices At the Pump Rise for the Second Straight Month.


News/Travel Editors & Automotive Writers

LOS ANGELES--(BUSINESS WIRE)--March 1, 2002

Gas prices have risen for the eighth consecutive week 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, , 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 Weekend Gas Watch, compiled by 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. .

The Weekend Gas Watch monitors the average price 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  at popular destinations for motoring trips.

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.326 per gallon, which is 2.6 cents above last week's price. 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 $1.400, which is 3.2 cents higher than last week's level. Motorists in the central coast have an average price of $1.410, which is 2.7 cents above last week's price.

The price for L.A.-Long Beach is 12 cents higher than prices a month ago; however, it is 26 cents below the price at this time last year.

"Despite the increases, gas prices have been relatively stable throughout our region without sharp price spikes," said Auto Club spokesperson Jeffrey Spring. "This month the annual change over from winter formulation of gasoline to summer formulation will start in California. Summer formulation gasoline costs more to manufacture, which may result in continuing increases at the pump for the foreseeable fore·see  
tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees
To see or know beforehand: foresaw the rapid increase in unemployment.
 future."


Average prices as of 12:01 a.m., March 1:

Area                       Regular      Change from    Record Price
                                         last week

Los Angeles-Long Beach      $1.326       +2.6 cents    $2.036 (5/25)

San Diego                   $1.400       +3.2 cents    $2.025 (5/29)

Santa Barbara-Santa Maria-
Lompoc                      $1.410       +2.7 cents    $2.069 (5/16)

Las Vegas                   $1.242       +0.6 cents    $1.885 (3/27/00)

Phoenix-Mesa, Ariz.         $1.063       -1.2 cents    $1.720 (5/30)
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Publication:Business Wire
Date:Mar 1, 2002
Words:288
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