Gas prices reach ANOTHER record high at $4.60 a gallon after Biden claimed US is going through an 'incredible transition' at the pump and as White House now plans to tap into emergency DIESEL reserves

Prices at the pump have hit another record high on Monday, the same day President Joe Biden discussed the United States' and the world's 'incredible transition' away from fossil fuels.

The new nationwide average now at just under $4.60 per gallon, the highest ever recorded by the American Automobile Association (AAA)'s gas price tracker.

The median gas price is above $4 in all 50 states. Energy Secretary Jennifer Granholm said it's likely to remain there 'through this year' during an interview with a local Fox affiliate.

While grappling with the rising cost the White House is also preparing for turbulence in the cost of diesel fuel - which hit its own record high last week. 

The administration is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major supply crunch and blunt rising prices, an administration official said.