AAA: Gas prices at all-time high in 2012

Gas prices hit all-time high

Gas is pumped into a car in a station in Alhambra, Calif.
(Frederic J. Brown/AFP/Getty Images / December 31, 2012)


11:20 a.m. CST, December 31, 2012

The average U.S. gasoline price in 2012 was a record-high $3.60 a gallon, topping the previous high of $3.51 in 2011, travel group AAA said on Monday.

AAA blamed refinery outages, major hurricanes and unrest in the Middle East for the rise.

Drivers in states including Hawaii, Alaska, California and New York paid the highest prices.

However, the price fell to $3.30 a gallon in December, the lowest monthly average for the year, AAA said.