CALIFORNIA'S GAS PRICES FALL WHILE NATION'S RISE.Byline: Staff and wire Gasoline prices have fallen nearly 6 cents a gallon on average in the past month 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, , while creeping up nationally to the highest level since 1997, 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. a survey by the American Automobile Association American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and international travel assistance, e.g. released Tuesday. The average price of a gallon of regular self-serve unleaded gasoline in Southern California was $1.456, down from $1.514 on Aug. 24. The Southern California average price compares with a statewide average of $1.487 and a national mean of $1.282. The national average is 22 cents higher than September 1998, and just under the $1.288 average in September 1997. The lowest prices in the Los Angeles-Orange County area were reported in Huntington Beach ($1.3034), La Habra ($1.3101) and Whittier ($1.3313). The highest were in Santa Clarita ($1.499), San Clemente ($1.45) and Santa Monica ($1.4749). Industry analysts say gas prices are dropping in California because of decreasing demand following the summer travel season. Some analysts believe expected production decreases by OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its countries could cause prices to continue fluctuating in California. The Automobile Club of Southern California's monthly Fuel Gauge Report is based on data gathered from monitoring fuel transactions at 2,800 area gas stations. Gas prices in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay are going down, but perhaps not for long. ``Things are getting better,'' said Paul Moreno of the California State Automotive Association. ``It's not much to get excited about, however.'' According to the CSAA CSAA Child Study Association of America. , the average price for a gallon of regular unleaded, self-serve gas decreased this month by 10 cents to $1.64 in San Francisco, eight cents to $1.58 in San Jose and Santa Rosa and five cents to $1.59 in Oakland. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion