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News bites: Gas prices moving toward $4 per gallon
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04/09/12 09:03 AM ET
The Associated Press reports that gas prices could reach a national average of $4 per gallon very soon.
U.S. and Libyan officials are investigating the past relationships between oil companies and the former Gadhafi regime, The Wall Street Journal reports.
AP reports: “So much natural gas is being produced that soon there may be nowhere left to put the country's swelling surplus.”
A state-owned Mexican oil company is planning to drill in the Gulf of Mexico, raising concerns, McClatchy reports.
