$5 gas is here: AAA says nationwide average hits new high

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

Auto club AAA said the average price on Saturday was $5. 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.