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CNNmoney.com

(CNNMoney) — The average price of a gallon of gasoline reached the $3.90 mark Friday, after climbing 2 cents overnight, according to a survey by motorist group AAA.

With Friday’s boost, gas prices have increased for 38 days in a row. During that time, prices have risen more than 36 cents, a jump of 10%.

Read the rest of the story at CNNMoney.com.

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Vast liberalization and democratization in the Middle East could be positive for oil production in the long run. Just look at what happened in Russia and Iraq.

The price of oil is already indicating to us that the current turmoil in the Middle East will not be resolved in the short term. Prices of most major grades of oil spiked last week after tensions heightened in Libya and, although they’ve retreated a bit, they remain volatile.

Read the Fortune article at CNNMoney.com.

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