predictions on gas prices today. by the time memorial day rolls around, you could be paying nearly $5 a gallon to fill up your car. industry analysts are saying everybody can expect a huge price spike over the next three months, 60 cents or more by may. cheryl casone is here live with more on that happy tale. why, cheryl, why? it is all in anticipation of what could be, and we re tacking oil prices here at fox business network. right now crude is up, we re at 98.83 a barrel, that s up $1.89. some of that s because of what s happening in europe. but, look, if we continue to see all this rhetoric that is coming out of iran, will they close the strait of hormuz? they ve been threatening to do that for a long time, but you have to take this stuff seriously. and also the tensions between iran and israel, all of that keeps oil prices elevated. what you re going to see is these predictions of higher gasoline prices for $5 by may because we simply don t know what s going to happen in the mid
this is hour. the southern sudanese overwhelmingly decided to split from the main country. the southern sudan referendum commission says a whopping 98.83% voted to split from the north. those are the preliminary results at least. investigators in eastern germany are trying to find out why an express passenger train and freight train collided late saturday. ten people were killed and 43 injured. officials say many passengers were thrown from the train. russian authorities identified the person who set off the bomb at the bullsiest airport. it was a 20-year-old man from the north caucasus. 35 were killed, dozens wounded. more misery for the state of queensland. meteorologist ivan cabrera has the latest from the international weather center. we are in the tropical cyclone season in australia. we ve had the a, the b and