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GAS PRICES TO EASE FOR L.A. DRIVERS LOWER COST OF CRUDE OIL TAKING EFFECT.


Byline: Candice Choi Staff Writer

Gas prices will start tumbling from record high levels 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, , finally giving consumers some relief that's already being felt elsewhere in the nation, industry experts said Thursday.

Prices should fall to an average of about $2.40 for a gallon of regular within the next couple of weeks, said Andre van der Valk Van der Valk was a British television series made by Thames Television for the ITV network. It starred Barry Foster in the title role as Dutch detective Commissaris Piet van der Valk. , president of Auto-Cal, the association of Southern California service stations.

The price for a gallon of regular gasoline in the 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.  market hit a record high of $2.63 on April 13. Since then, prices dropped about two cents or three cents but have held steady at virtually the same level.

In contrast, the national average for a gallon of regular dropped from $2.28 on April 11 to $2.22 on Thursday.

One reason California has yet to see similar relief is that prices here peaked later than the national average.

Now prices are poised to start easing statewide within the next several weeks, said Rob Schlichting, spokesman for the California Energy Commission The California Energy Commission is California’s primary energy policy and planning agency. Created in 1974 and headquartered in Sacramento, the Commission has responsibility for activities that include forecasting future energy needs, promoting energy efficiency through .

Crude oil prices have dropped significantly from $54.14 a barrel on April 1 to $49.16 on April 19.

It takes a few weeks before consumers begin seeing that drop at the pump, Schlichting said.

``Gas station owners may be processing the oil they bought two weeks ago. There's the old adage that prices go up like a rocket and fall like a feather,'' he said.

Barring any refinery problems, Schlichting said, prices will likely fall statewide.

Every year, gas prices in California begin climbing and peak around the end of March. The annual rise is the result of low inventories in refineries, which are preparing to bring in cleaner-burning summer blends required by the state.

``It happens every year, but this is the most expensive it's ever been,'' said Sylvia Gilinsky, a Woodland Hills resident. A brief 3-mile commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment.  from home to work in her old Cadillac costs her about $25 a week.

``It's an old tank, but I don't think it's so much the car but all the stops and starts at the (traffic) lights,'' she said.

Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern  has also experienced some dips in prices over the past several days, but it's still too early to declare a downward trend, said Jeffrey Spring, spokesman for 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. .

``It's hard to say why prices come down quickly in one region and not another,'' Spring said.

A variety of factors explain the sharp differences in pricing within the state.

In 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. , for example, the area's remoteness and lack of competition generally keep prices relatively high, Spring said.

State by state, California had the highest prices in the nation Thursday at $2.64 for a gallon of regular. Minnesota boasted the lowest at $2.03 for a gallon of regular.

Greg Mickles, an Encino resident, said he's fortunate to own a Honda Civic The Honda Civic is a compact car manufactured by Honda. It was introduced in July 1972 as a two-door coupe, followed by a three-door hatchback version that September. With the transverse engine placement of its 1169 cc engine and front-wheel drive, like the British Mini, the  - a relatively fuel-efficient car. Still, it costs about $35 to fill up these days and he's cut back on his driving.

`I can't wait till it starts dropping.''

Candice Choi, (818) 713-3634

candice.choi(at)dailynews.com

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Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Apr 22, 2005
Words:532
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