California gas prices hit all-time high

  CHRISTOPHER WEBERLOS ANGELES -- It's a record, though just barely. The price of gasoline has hit an all-time average high in California of $4.6140 a gallon, fueled by a reduced supply and a volatile market.

AAA spokesman Michael Green says Saturday's price set the record by a fraction of a penny.

The previous high was $4.6096 on June 19, 2008. Prices throughout the state are expected to increase for several more days before leveling off, after a temporary reduction in supply triggered a price spike.

AAA's Daily Fuel Gauge report released Saturday said the average price for a gallon of regular unleaded across California rose 12 cents from its Friday mark of about $4.49.

The Golden State has leapfrogged Hawaii as the state with the most expensive fuel.

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LukOil stations charge $9 a gallon to protest prices

  Eyewitness NewsNEWARK (WABC) -- Motorists might be in for a shock at the price of gasoline at some LukOil stations in New Jersey and Pennsylvania.

More than 50 franchise owners raised their prices to nearly $9 a gallon Wednesday morning to protest what they say is the company's unjustified pricing policies.

Sal Risalvato, of the New Jersey Gasoline Convenience-Automotive Association, says that LukOil dealers have to charge more because they pay between 5 and 20 cents more than competitors.

Risalvato says the company has been slow to respond to requests to lower prices.

"Today, a group of LUKOIL franchisees stood together to defend their small businesses and motorists in order to vocally oppose the anti-competitive treatment they and their customers receive at the hands of LUKOIL North America," Risalvato said in a statement. "Their grievances have gone unanswered and unheeded for too long now, leaving them with little recourse."

After they make their point, the dealers plan to reduce prices to a more normal level.

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