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Auto Club: Prices Rise above $2.90; Central Coast Average Tops $3 Per Gallon.


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.  -- Prices across the state continued their upward march this week with all factors indicating a $3 per gallon average 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.
 could be reached within a couple of weeks, 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. 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 in a handful of areas, including Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , have already topped $3 per gallon.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.914, which is 7.2 cents higher than last week, 31 cents higher than last month and 29 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 $2.918 -- 8.7 cents above last week's price, 31 cents above last month and 30 cents above last year. On the Central Coast, the average price is $3.006, up 8.2 cents from last week, 30 cents above than last month and 28 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 $2.938, up 5.3 cents from last week, 32 cents above last month and 29 cents higher than last year.

"Wholesale prices have been rising and retail prices won't catch up for two to three weeks," said Auto Club spokesperson Carol Thorp. "Nationally, production is down and demand is up compared to last year. In addition, many regions of the country are having trouble getting sufficient supplies of ethanol, which is used in new formulas for gas. Uncertainty about supply has lifted gasoline to near-record prices on the spot market and that filters down to the neighborhood gas pump."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., April 14:
Area                            Regular  Change from    Record Price
                                          last week
Los Angeles-Long Beach          $2.914   +7.2 cents  $2.999 (9/6/2005)

Orange County                   $2.885   +8.2 cents  $2.970 (9/6/2005)

San Diego                       $2.918   +8.7 cents  $3.060 (9/5/2005)

Santa Barbara-Santa Maria-
 Lompoc                         $3.006   +8.2 cents  $3.111 (9/7/2005)

Riverside-San Bernardino        $2.938   +5.3 cents  $3.030 (9/9/2005)

Bakersfield                     $2.930  +12.5 cents  $3.167 (9/9/2005)

Las Vegas                       $2.687   +7.8 cents  $2.968 (9/8/2005)
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 14, 2006
Words:373
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