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AAA: California gas prices set another record; Gov. Brown takes action; Sen. Feinstein wants investigation

Gas prices in California from Oct. 2011 to the beginning of Oct. 2012.
Gas prices in California from Oct. 2011 to the beginning of Oct. 2012.
Courtesy AAA

UPDATE 8:43 AM: Sen. Dianne Feinstein has called for a federal investigation into gas prices in California because she doesn't think they are related to supply and demand.

Californians are paying an average of $4.668 a gallon, the highest price in the nation. Many motorists are paying over $5.

Feinstein says that paying hundreds of dollars every time you fill your tank is unthinkable. For the second time in the last few months, the California Democrat has sent a letter to the Federal Trade Commission asking for an immediate probe.

She also asked in August when gas was 45 cents cheaper.

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PREVIOUSLY: Gas prices inched up again overnight in California to set a new record high as Gov. Jerry Brown takes action to to try and halt the increases.

As of Monday morning, AAA reports that the current average price of a gallon of regular is now $4.668. That is up 1 cent overnight and analysts predict it will continue to increase before it drops. It is the third straight day of record high prices. 

Gov. Jerry Brown has asked state regulators to permit the early sale of winter-blend fuel in an effort to curb prices at the pump.

RELATED: KPCC's economy reporter Matt Debord explains why gas prices are so high in L.A.

Due to a temporary reduction in supply, California gas prices in recent days have surpassed those in Hawaii to become the highest in the nation.

Brown on Sunday ordered state smog regulators to allow winter-blend gasoline to be sold in California earlier than usual to bring down prices. Winter-blend gas typically isn't sold until after October 31. Few refineries outside the state are currently making summer-blend gas, putting the pressure on already-taxed California manufacturers.

In some locations, fuming motorists paid $5 or more per gallon while station owners had to shut down pumps in others.

Gasoline prices have not been this high in California since July 2008.

Los Angeles Gas Prices provided by
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