$5 Gas Is Here: AAA Says Nationwide Average Hits New High

Motorists in some parts of the country, especially California, are paying far above that.

The nationwide average price for a gallon of gasoline has reached $5 for the first time ever.

Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that.

The national average price has jumped 19 cents in just the past week, and it's up $1.93 from this time last year.