Gas Prices Rise to New National Record

Tuesday March 11, 3:46 pm ET
By John Wilen, AP Business Writer Gas Prices Rise to New National Record, Driven by Crude Oil's Own Record-Breaking Rally

NEW YORK (AP) -- The cost of filling up the family car climbed to a record high Tuesday, adding to the challenges consumers already face with falling home values and rising food prices.

Gas prices at the pump rose overnight to a record national average of $3.2272 a gallon, according to AAA and the Oil Price Information Service. That's a tad higher than the previous record of $3.2265, set last May.