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Americans squeezed by gas prices

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GaspumpCrude oil prices are drifting higher. Libya’s civil war and lingering anxiety over potential political unrest in oil-rich Middle East nations pushed the average cost of regular unleaded gasoline to $3.53, up 76 cents a gallon from a year ago. Tom Kloza, head of the Oil Price Information Service, expects prices to peak at about $3.75 by April below the record of $4.11 set in July 2008. But production disruptions in Saudi Arabia or Iran could spike gas prices to $5 a gallon or higher. http://usat.ly/hYPRGo

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