Calif. gas prices hit all-time high

Calif. gasoline prices hit new all-time high for second straight day; jumps 4 cents overnight

Associated Press
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Costco members fill up with discounted gasoline at a Costco gas station in Van Nuys, Calif., Friday, Oct. 5, 2012. Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices. (AP Photo/Damian Dovarganes)

LOS ANGELES (AP) -- Gasoline price in California continue to rise, even after exceeding a four-year high on Saturday.

AAA reports in its latest update on Sunday that the price for a gallon of regular unleaded is $4.655, more than four cents higher than the record set a day earlier.

AAA says the Saturday record of $4.6140 was just a fraction of a penny higher than the previous high of $4.6096 on June 19, 2008.

The national average for a gallon of regular unleaded on Sunday is much lower than California's, at $3.814.

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