The average price of gasoline - $3.73 a gallon - is the highest on record for this time of year, according to a story on

That puts prices just 38 cents short of the record for any time of the year. Nationwide,the price of gas has jumped 45 cents since Jan. 1, the story said. In fact, a New York Times story addressed the possibility of gas prices reaching $5 per gallon this year.

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In New Jersey, the average price of gasoline has hit $3.60 a gallon, the story said.