(TheBlaze/AP) — It’s a record, though not exactly one to be proud of. The price of gasoline has officially hit an all-time average high in California of $4.6140 a gallon Saturday, fueled by a reduced supply and a volatile market.
The record was set by a fraction of a penny, according to AAA spokesman Michael Green. The previous high was $4.6096 on June 19, 2008.
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.
Saturday’s price was the highest in the nation, with the Golden State leapfrogging Hawaii this week as the state with the most expensive fuel. The average price for a gallon of regular unleaded across California was 47 cents more than just one week ago, according to the AAA report.
“I seriously thought it was a mistake on the sign when we pulled in,” said Nancy Garcia, 34, while filling her Honda Accord at a Chevron station in the Los Angeles neighborhood of Highland Park. She paid $4.65 a gallon for regular grade and said she couldn’t afford to fill her tank all the way.