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California gas prices top $4.60 a gallon

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LOS ANGELES — 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.

Prices throughout the state were expected to increase for several more days before leveling off.

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