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Auto Club: Steady Declines in Gas Prices for Sixth Straight Week.


News Editors/Business Editors/Travel Writers

LOS LOS Length of stay, see there  ANGELES--(BUSINESS WIRE)--May 2, 2003

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 continued falling throughout the Southwest, marking the sixth consecutive week of price declines, 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. .

Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.977 per gallon gallon: see English units of measurement. , which is 3.7 cents lower than last week's price, 18 cents lower than last month and 36 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 $1.987, which is 4.5 cents below last week's level, 21 cents below last month and 32 cents above last year. Motorists in the central coast have an average price of $2.046, which is 3.6 cents lower than last week's price, 14 cents lower than last month and 37 cents higher than last year.

"Retail profits remain quite strong at this time, so it's it's  

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it's it is or it has
it's be ~have
 likely we'll see stations competing for customers and that should push prices even lower," said Carol Thorp, spokesperson for the Automobile Club of Southern California.

"If the current conditions continue, prices could continue falling even into the Memorial Day weekend, which traditionally is a high demand time and considered the start of the summer driving season."

The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Average prices as of 12:01 a.m., May 2:


Area                        Regular   Change from    Record Price
                                       last week

Los Angeles-Long Beach      $1.977     -3.7 cents   $2.167 (3/22/03)

San Diego                   $1.987     -4.5 cents   $2.211 (3/20/03)

Santa Barbara-Santa Maria-
Lompoc                      $2.046     -3.6 cents   $2.207 (3/22/03)

Las Vegas                   $1.897     -4.9 cents   $2.063 (3/25/03)

Phoenix-Mesa, Ariz.         $1.868     -3.9 cents   $2.003 (3/22/03)
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Publication:Business Wire
Date:May 2, 2003
Words:311
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