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.