If it seeems like you've shelled out a lot of money this year for gasoline, you're correct.

Time magazine says that average gasoline prices for 2012 will be a record high, beating last year's record-setting year.

Price surged in the summer, and California drivers were particularly hit hard to the point that the state sought a federal exemption on winter blends.

GasBuddy says the national average for 2012 so far is $3.63 a gallon, and even if prices drop in the remaining weeeks of the year, it won't be enough to bring it below last year's average of $3.51.

Read the entire story by Time magazine.