Auto Club: Summer's Mid-Way Point Sees Prices On a Downward Trend.News/Travel Editors & Automotive Writers LOS ANGELES--(BUSINESS WIRE)--July 19, 2002 Motorists throughout the southwest are seeing lower pump prices this week, but for 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. area drivers, the downward trend has lasted for three consecutive 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 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. . However, despite recent decreases, 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 at summer's mid-way point are still between 3 cents and 4 cents above Memorial Day holiday weekend levels. The Weekend Gas Watch monitors the average price of gasoline at popular destinations for motoring trips. Currently, the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.616 per gallon, which is eight-tenths of a cent lower than last week's price, 4 cents higher than during the Memorial Day weekend and 21 cents lower than prices at this time 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 $1.628, which is 1.5 cents lower than last week's level, 3 cents higher than on May 24 and 26 cents lower than last year. Motorists in the central coast have an average price of $1.691, which is 1.4 cents lower than last week's price, 3 cents higher at the first holiday weekend of the summer and 21 cents lower than the price last year. "We're accustomed to seeing gasoline price increases during the summer months, but since the beginning of the summer driving season, the average has increased only 3 to 4 cents throughout 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, ," said Auto Club spokesperson Carol Thorp. "This appears to bode bode 1 v. bod·ed, bod·ing, bodes v.tr. 1. To be an omen of: heavy seas that boded trouble for small craft. 2. well for stable gas prices throughout the rest of the summer."
Average prices as of 12:01 a.m., July 19:
Area Regular Change from Record Price
last week
Los Angeles-Long Beach $1.616 -0.8 cents $2.036 (5/25/01)
San Diego $1.628 -1.5 cents $2.025 (5/29/01)
Santa Barbara-Santa Maria-
Lompoc $1.691 -1.4 cents $2.069 (5/16/01)
Las Vegas $1.527 -1.8 cents $1.885 (3/27/00)
Phoenix-Mesa, Ariz. $1.462 -1.2 cents $1.720 (5/30/01)
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