May 23 (Bloomberg) -- U.S. motorists, who are paying record prices for gasoline, drove 4.3 percent less in March for the biggest monthly drop ever, a government estimate showed. The decline in vehicle miles traveled was the first for March since 1979, when Iran cut oil exports, the Federal Highway Administration said today in a statement. Gasoline at U.S. pumps rose to as high as $3.29 a gallon during the month, according to motoring group AAA. The price rose to $3.88 yesterday. http://bloomberg.com/apps/news?pid=20601072&sid=aO9IKutlgmVA&refer=energy Oil started the year at $95. Hard to believe that oil can sustain prices 35% higher when demand has come in below estimates. Unless of course the rest of the world is blowing away their estimates for consumption.