The nationwide average price for a gallon of regular gas hit $3.60 in 2012, according to AAA. That’s up 9 cents from the previous record high of $3.51 a gallon set in 2011.
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AAA blamed hurricanes, refinery outages and tensions in the Middle East for the high prices.
The third most expensive year on record was 2008, when prices averaged $3.25 a gallon.
2008 was also the year gasoline hit its highest one-day price ever — $4.11 per gallon in July. At the time, a red-hot global economy and fears over dwindling supplies were some of the factors that sent both gas and oil prices to their highest level ever.
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