AAA said average U.S. regular grade gasoline prices hit $4.009 per gallon on Sunday, up 11% from $3.604 a week ago and up 45% from $2.760 a year ago.
The automobile club, which has data going back to 2000, said U.S. retail gasoline prices hit a record $4.114 a gallon on July 17, 2008, which was around the same time U.S. crude futures soared to a record $147.27 a barrel.
The most expensive gas in the country is in California at $5.288 a gallon, followed by Hawaii ($4.695), Nevada ($4.526) and Oregon ($4.466), according to AAA.
U.S. gasoline futures , meanwhile, soared to a record $3.890 per gallon on Sunday.
Gasoline price provider GasBuddy said the average price of U.S. gasoline spiked nearly 41 cents per gallon, topping $4 for the first time in almost 14 years, and stands just 10 cents below the all-time record of $4.103 per gallon.
GasBuddy said that weekly increase was the second largest ever, following a jump of 49 cents per gallon during the week of Sept. 3, 2005, after Hurricane Katrina tore through the U.S. Gulf Coast.
“Increasing oil prices continue to play a leading role in pushing prices higher,” AAA said in a release, noting “pump prices will likely continue to rise as crude prices continue to climb.”
U.S. crude futures soared more than 12% to $130.50 per barrel late Sunday, their highest since July 2008, as the United States and its European allies consider banning imports of Russian oil.