LA Auto Club: Motorists Get Freedom From Rising Gasoline Prices

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    LOS ANGELES--July 4, 2002--An upward burst in gasoline prices fizzled on the week of the 4th of July as a three-week run up in pump prices ended, 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 $1.627 per gallon, which is two-tenths of a cent lower than last week's price, 5 cents higher than last month's price and 30 cents lower than the price at this time last year.
    In San Diego the price is $1.650, which is one-tenth of a cent higher than last week's level, 5 cents higher than last month and 32 cents lower than last year. Motorists in the central coast have an average price of $1.699, which is eight-tenths of a cent below last week's price, 4 cents higher than last month's price and 26 cents lower than the price last year.
    "The customary run up in prices before a traditional driving holiday hasn't occurred this year," said Auto Club spokesperson Jeff Spring. "Prices have leveled off and there appears every indication that they should stay close to where they are for the immediate near term, at least."

Average prices as of 12:01 a.m., July 4:

Area                        Regular    Change from    Record Price
                                        last week

Los Angeles-Long Beach      $1.627      -0.2 cents    $2.036 (5/25/01)

San Diego                   $1.650      +0.1 cents    $2.025 (5/29/01)

Santa Barbara-Santa Maria-
Lompoc                      $1.699      -0.8 cents    $2.069 (5/16/01)

Las Vegas                   $1.544      unchanged     $1.885 (3/27/00)

Phoenix-Mesa, Ariz.         $1.477      -0.3 cents    $1.720 (5/30/01)