Gasoline in California hits $4.61 per gallon

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wwltv.com

Posted on October 6, 2012 at 2:13 PM

By CHRISTOPHER WEBER  /  Associated Press

   LOS ANGELES (AP) -- It's a record, though just barely. The price of gasoline has hit an all-time average high in California of $4.6140 a gallon, fueled by a reduced supply and a volatile market.
 
   AAA spokesman Michael Green says Saturday's price set the record by a fraction of a penny.
 
   The previous high was $4.6096 on June 19, 2008.
 
   Prices throughout the state are expected to increase for several more days before leveling off, after a temporary reduction in supply triggered a price spike.
 
   AAA's Daily Fuel Gauge report released Saturday said the average price for a gallon of regular unleaded across California rose 12 cents from its Friday mark of about $4.49.
 
   The Golden State has leapfrogged Hawaii as the state with the most expensive fuel.
 
 

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