Top of the Hour: Oil Prices Skyrocket, Morning Headlines

The price of oil is continuing to rise, partially due to civil unrest in Libya. Americans are seeing the increase at the pump, with gas hitting an average of $3.50 a gallon; however, the rising costs also affect heating oil and other goods and services in the U.S.

The price of oil is continuing to rise, partially due to civil unrest in Libya. Americans are seeing the increase at the pump, with gas hitting an average of $3.50 a gallon; however, the rising costs also affect heating oil and other goods and services in the U.S.