Auto Club: Gas Prices Continue Month-Long Rise

Weekly Fuel Prices Report

Highest L.A. Metro Prices in 17 months

(LOS ANGELES, Jan. 24, 2003) — - For the fourth consecutive week, gasoline prices in most of the Southwest continued their rise last week, reaching a level not seen since the summer of 2001, according to the Weekend Gas Watch compiled by the Automobile Club of Southern California. 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 $1.642 per gallon, which is seven-tenths of a cent higher than last week's price, eleven cents higher than last month and 45 cents higher than last year. In San Diego the price is $1.700, which is which is 1.4 cents higher than last week's level, ten cents higher than last month and 40 cents higher than last year. Motorists in the central coast have an average price of $1.694, which is 1.2 cents higher than last week's price, eight cents higher than last month and 40 cents higher than last year.

"Prices in the Los Angeles-Long Beach area today are exactly where they stood on August 10, 2001, during the spring and summer of price run-ups," Carol Thorp, Auto Club spokesperson said. "Uncertainties of fuel supplies brought on by war fears continue to cause prices to increase. Unless the current situation changes, prices likely will continue their upward movement."

Average prices as of 12:01 a.m., January 24:

Area Regular Change from
last week
Record Price
Los Angeles–Long Beach $1.642 +0.7 cents $2.036 (5/25/01)
San Diego $1.700 +1.4 cents $2.025 (5/29/01)
Santa Barbara–Santa Maria–Lompoc $1.694 -1.2 cents $2.069 (5/16/01)
Las Vegas, NV $1.475 +1.6 cents $1.885 (3/27/00)
Phoenix–Mesa, AZ $1.363 +0.6 cents $1.720 (5/30/01)

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