Getting your player ready...
NEW YORK — Gasoline prices were poised Monday to set a record at the pump, having surged to within half a cent of the record high of $3.227 a gallon. Oil prices, meanwhile, rose $2.75 to settle at a record $107.90 per barrel on the New York Mercantile Exchange after setting a trading record of $108.21 earlier in the day.
The national average price of a gallon of gas rose 0.7 cents overnight to $3.222 a gallon, 69 cents higher than a year ago, according to AAA and the Oil Price Information Service.
