Calif. gas prices hit new record

LOS ANGELES (AP)

It's a record, though just barely.

The price of gasoline 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.