Oil Prices on the Rise

There is no end in sight to the run-up in oil prices.

The cost for crude topped $99 dollars a barrel Monday morning in Asia.

Due to the ongoing turmoil, oil production in Libya has been cut in half.

While other nations have pledged to increase output, analysts are worried the unrest could spread.

Meantime, gas prices have jumped 18 cents in a week to a nationwide average of $3.35 a gallon.

That is the highest ever for this time of year.


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