Gas prices strike all-time high
Average price of regular unleaded rises to record $3.287 a gallon, according to AAA survey.
NEW YORK (CNNMoney.com) -- Average gasoline prices have hit another all-time high, according to a survey conducted for motorist organization AAA.
The average price of regular rose to $3.287 a gallon, up from $3.286 the previous day, according to the AAA Web site.
The price averaged $3.165 a month ago. A year ago, American drivers were paying $2.673, according to AAA.
Motorists in Hawaii paid the most for gas, averaging $3.647 a gallon. New Jersey drivers paid the least, with a statewide average of $3.045 a gallon, according to the survey.
Analysts say surging crude prices are largely to blame for pricey gas. Crude topped $100 a barrel in early 2008, and has traded above $100 for most of the year.
While gasoline prices have hit record highs well before the start of the summer driving season, most analysts expect prices to peak relatively early - somewhere between $3.30 and $3.80 a gallon - and then decline during the second half of the spring as a slowing economy crimps demand.
The AAA survey, updated daily, tracks prices at roughly 80,000 service stations across the country. It is conducted for the group by Oil Price Information Service. 
-
Not even ultra-dapper President Obama could help Hartmarx, the Chicago-
based clothing maker. More -
The company has gone to the chickens despite producing 42 million dozen table eggs per year. More -
This Bay-area town sought assistance after plunging property tax revenue left coffers empty. More -
The bloom is off this celebrity florist as corporate budgets for flower arrangements disappear. More -
Isn't it ironic that a company with a mission to help others avoid bankruptcy was unable to help itself? More
