Show i Four Four- om an e s Cut Gas 2 Cents Y Battle for S Sees es Third Red Reduction in Southern California ali i oi fJ LOS ANGELE ANGELES April 16 6 AP AP- AP Four large oil companies today featured featured a two centt cent cent- ent reduction inthe in inthe th the ret retail h r price of or org g gasoline so e as s a l' l result of the latest outbreak in southern California's gas war which which has lias been described as a a battle for among the leading competitors rs The slash the third within thirty days has brought the local retail price down to 12 1 2 1 2 cents a gallon gallon gallon gal gal- lon state tax tax of 2 cents c a g gallon l on included While motorists in this part of ot the state were filling their gasoline tanks at a saving other pa Pacific coast expected to benefit from irom a threatened renewal of f a aprice aprice price war at aty at Spokane V Wash Nash sh A Aprice price of 15 cents a gallon including Jn ing the 2 cent 2 ent state tax was posted today by an independent s service station dea deafer er a cut of 2 cents under under under un un- der der the prevailing price in that ci city I PRICE FORCED DOWN The l' l e price was as forced forced down tp to the new low level here yesterday when tho the Pan American Petroleum Pe company com com- I pany undercut its competitors by lopping 2 cents off the service station station sta sta- I tion price The Standard rd Oil on company was quick k to ta meet the cut which w was ls first limited to Los Angeles then to nearby cities and I finally made effective wherever the Pan American price is s i reduced educed rh fim ii io i include clude AM t of so southern th h California rr from Santa Barbara to to the Mexican Mexican l border Directors of or the Richfield o Oil I company and the California Petroleum Petroleum Petroleum Petro Petro- leum company late last night fell fen fellin fenIn fellin in line 1 Ye cut by Pan-American Pan was unexpected in III oil circles here The announcement was accompanied accompanied p by the explanation that the reduction was brought about by competing companies when they met k a a. previous us cut by bf Pan Amer ican Tb Tle California Petroleum company com corn pany pang started hammering down the a a month ago when gasoline was selling at 18 cents a gallon |