Gas prices have set a new record-high since May 10 when gas prices surpassed the previous record of $4.33 per gallon.
as more drivers hit the road for the summer driving season, Gross added.
Upward of 34.9 million motorists are already projected to drive over the upcoming holiday weekend, which is seen as the unofficial start to summer. "Tighter supply and increased demand have pushed pump prices higher," according to AAA. "This supply/demand dynamic and volatile crude prices will keep upward pressure on pump prices."
Over the past week, motorists in Alaska were hit hardest with prices climbing 31 cents. The top 10 states with the biggest weekly increases saw prices jump at least 15 cents.
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