NEW YORK (CNNMoney) -- Gas prices jumped 4 cents overnight, with the average American driver now paying more than $3.40 a gallon.
The national average price for a gallon of regular gasoline rose to $3.427 on Thursday, according to a daily survey by motorist group AAA. That's up from $3.387 a gallon on Wednesday.
Gas prices have not averaged more than $3.40 a gallon since October of 2008. The record high was over $4.11 a gallon in July 2008.
The highest gas prices were in Hawaii, where drivers pay an average of $3.82 a gallon.
California also has gas prices above $3.80 a gallon, while Alaskans pay $3.77 on average.
Wyoming and Montana were tied for the cheapest gas in the nation. Drivers in both states pay an average of $3.12 a gallon.
Gas prices vary widely from state to state based largely on local tax rates.
But prices have been trending higher nationwide following a rise in the price of crude oil, the main ingredient in gasoline.
Nationwide, gas prices have gone up 25 cents over the past 10 days.
Oil prices were under pressure Thursday, but held firmly above $100 barrel.
Investors in the oil market have been nervously watching the situation in Libya, where fighting between rebels and forces loyal to Moammar Gadhafi continued Thursday. ![]()






| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 14,865.14 | 62.90 | 0.42% |
| Nasdaq | 3,300.16 | 2.91 | 0.09% |
| S&P 500 | 1,593.37 | 5.64 | 0.36% |
| Treasuries | 1.79 | -0.01 | -0.78% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Microsoft Corp | 28.94 | -1.34 | -4.44% |
| Bank of America Corp... | 12.27 | -0.05 | -0.41% |
| Intel Corp | 21.82 | -0.44 | -1.95% |
| Pfizer Inc | 30.64 | 0.72 | 2.41% |
| Ford Motor Co | 13.55 | 0.43 | 3.28% |
|
A former partner at KPMG was charged Thursday with providing illegal stock tips to a friend about the global auditing firm's clients. More |
"I cannot afford to have my Social Security cut by one penny! Plain & simple." More |
At least with reviewers. HTC's latest smartphone is creating incredibly positive reactions. More |
As many doctors struggle to keep their practices financially sound, some are buckling under money woes and being pushed into bankruptcy. More |
With a YouTube video, tweets and Facebook postings, teen idol Justin Bieber unveils a prepaid debit card aimed at teens. More |