California Gas Hits All-Time Average High At $4.6140 Per Gallon

Jesus take the wheel. SMH.

Via NBC Los Angeles:

Gas prices hit a new record in California on Saturday: an all-time average high of $4.6140 per gallon. The news comes as prices are expected to continue to go up in the next couple days, according to the Automobile Club of Southern California. Gas prices have gone up 47 cents in the past week in California. A refinery shortage and a recent power outage at a plant in Torrance were to blame for the recent fuel price spikes. Prices in California were the highest in the nation, leapfrogging Hawaii’s this week. The national average was $3.81 per gallon. The average price of a gallon of self-serve regular gasoline in Los Angeles County recorded its largest single-day increase on Friday, rising 19.2 cents to $4.539 — its highest amount since July 12, 2008.

It is 40.3 cents more than a week ago, 36.4 cents higher than a month ago and 71.5 cents greater than at this time last year, according to figures from the AAA and Oil Price Information Service. The record price in LA County is $4.626, set on June 21, 2008. 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.

Damn. Hopefully, this is the last time this record is met.