Calif. gas prices equal all-time high
LOS ANGELES (AP) — The price of gasoline equaled the all-time average high in California of $4.61 a gallon Saturday, fueled by a reduced supply and a volatile market.
Prices throughout the state were expected to increase for several more days before leveling off, after a temporary reduction in supply triggered a price spike that saw fuming motorists paying $5 or more per gallon in some locations and station owners shutting down pumps in others.
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.
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