"U.S. Gas Prices Reach Record Level In 2012"

DAVID GREENE, HOST:

NPR business news starts with record prices at the pump.

You may already have a sense of this from your bank statement, but now AAA has confirmed that the average price of a gallon of gasoline hit a record in 2012. The group says the national average for the year was $3.60. That is nine cents higher than the average in 2011, which was the previous record. For 2013, AAA thinks increased domestic oil production will help keep prices lower.