October 9, 2012 in Nation/World

Gas prices set California record

Jason Dearen Associated Press
 

SAN FRANCISCO (AP) — California has set a state record for gasoline prices — but the hikes may be slowing.

The AAA Daily Fuel Gauge Report for Tuesday says the average price of regular jumped only a fraction of a cent overnight — compared to nearly 50 cents in the past week.

It’s now a bit over $4.67 a gallon.

That’s still the highest price in the nation and an all-time high for the Golden State.

The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.

San Diego is $4.72 a gallon and the Los Angeles area about $4.71.

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