Nightly News | October 07, 2012
$4.61: Gas prices peak in California
In California, the average price per gallon of gas climbed 12 cents overnight to $4.61, matching the state record set in June 2008. Meanwhile, prices in other parts of the state are falling – so why are Californians getting hit so hard? NBC's Diana Alvear reports.
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This content comes from Closed Captioning that was broadcast along with this program.
>>> no relief tonight for frustrated drivers in the state of california . since we saw you here last night, the already record high gas prices shot up another 4 cents. $4.65 a gallon. that's the highest in the country due to reduced supply in several refineries. the national average is now $3.81. that's the most expensive we've seen this time of year ever. analysts expect prices to slowly start dropping in a few days.