Printer Friendly
The Free Library
19,604,538 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Auto Club: Six Weeks of Lower Gas Prices with More Likely To Come.


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.  -- 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 remained on a downward trend for the sixth consecutive week last week as crude oil and wholesale gasoline prices continued falling from record highs, 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 average price of self-serve regular gasoline in the Los LOS Length of stay, see there  Angeles-Long Beach area is $2.252 a gallon, which is 4 cents lower than last week, 17 cents lower than last month and 53 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 $2.285, which is 3.5 cents lower than last week, 16 cents below last month and 56 cents above last year. On the Central Coast, the average price is $2.390, which is down 3 cents from last week, 15 cents lower than last month and 58 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 $2.285, which is down 3.1 cents from last week, 16 cents below last month and 58 cents above last year.

"The price of crude oil is down 24 percent from its high in October and wholesale gasoline prices 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,  have dropped about 20 percent in the past month. Those declines have had a big impact on our pump prices," said Auto Club spokesperson Carol Thorp. "If this trend continues, motorists could see more significant declines in retail gasoline between now and Christmas."

The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., Dec. 3.
Area                        Regular  Change from     Record Price
                                      last week

Los Angeles-Long Beach       $2.252  -4.0 cents  $2.446 (10/21/2004)

Orange County                $2.241  -4.2 cents  $2.441 (10/23/2004)

San Diego                    $2.285  -3.5 cents  $2.464 (10/21/2004)

Santa Barbara-Santa Maria-
 Lompoc                      $2.390  -3.0 cents  $2.570 (10/22/2004)

Riverside-San Bernardino     $2.285  -3.1 cents  $2.461 (10/21/2004)

Bakersfield                  $2.275  -2.1 cents  $2.437 (10/23/2004)

Las Vegas                    $2.133  -1.6 cents  $2.290 (10/20/2004)
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 3, 2004
Words:343
Previous Article:Research and Markets: Belgacom and ADSB Have Announced Details of The IPO Of Shares of Belgacom and the Listing of All Belgacom Shares on Euronext...
Next Article:Tully Resigns from Stratus Technologies' Board of Managers.



Related Articles
PRICE CUTS FUEL HOPES BUT CALIFORNIANS STILL PAY MORE THAN DRIVERS IN 48 STATES.
HOLIDAY TREAT: $1 GAS MOTORISTS TICKLED PINK AS FUEL PRICES PLUNGE.
PUMP PRICES RISE IN REGION GALLON OF GAS AVERAGES $1.81.
PRICE OF GASOLINE DIPS FOR 2ND WEEK IN A ROW.
PRICE OF GAS CONTINUES ITS DOWNWARD SLOG.
GAS PRICES LEVEL OFF IN REGION.
CHEAP GAS IN VALLEY MOTORISTS ENJOY DROP IN PRICE AT THE PUMP.
GAS PRICES SHOULD STAY LOWER STABLE MARKET, LESS DEMAND KICKING IN.
GAS PRICES DROP FOR 8TH WEEK.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles