Gas prices are down like the economy

LOS ANGELES (CNS) - The average price of a gallon of self-serve regular
gasoline in Los Angeles County declined today for the 33rd time in 34 days,
dropping four-tenths of a cent to $2.841. The average price is 2.2 cents
less than a week ago, 17.8 cents less than a month ago and $1.569 less than a
year ago, according to figures from the AAA and Oil Price Information Service.
The average price fell 31 consecutive days, rose two-tenths of a cent
Wednesday, then declined two-tenths of a cent Thursday.
The Orange County average price declined today for the 18th time in 19
days, falling three-tenths of a cent to $2.832, 2.1 cents less than a week ago,
18.1 cents less than a month ago and $1.526 less than a year ago.
However, slight price increases nationally over the past two days are
"probably not a good sign for Southern California prices decreases to
continue," said Automobile Club of Southern California spokesman Jeffrey
Spring, "but this could be a plateau, rather than the start of another price
spike."
"Crude oil prices have risen on the world market, but demand remains
flat and supply is plentiful," Spring said.

THIS IS FROM A CITY NEWS SERVICE ARTICLE