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Agreement means that gadhafi will step down, although the rebel army has insisted on that. a long-time dictator has called for unilateral cease-fires before, only to continue attacks against his own people. nato strikes help the libyan rebels regain control of a key city. gadhafi's forces were pushed back when nearly a dozen tanks were destroyed in ajdabiya, considered the gateway to benghazi, libya's second largest city and home to the rebels. okay. if you filled up your tank recently, it's not going to come as a surprise that gas prices are climbing. according to aaa the national average...

Iphone. that's despite the fact that at&t drops three times as many calls as verizon. that isn't too bad unless it's your call that got dropped. gas prices have gone up. 15 straight days now. it's just how much they've gone up that is hitting home. take a look at this. a 20% rise in the average price per gallon. that is just since january. the price jumped another two cents overnight to $3.70 a gallon. it's not the peak summer driving season. the price is skyrocket thanks to turmoil in north africa and the middle east. that's pushing gas prices up, too. prices hit $4.11 a gallon.

Ago and people there trying to fill up their big trucks and suvs saying i feel $5 is down the road. we're at $3.55 a gallon right now, but we are looking a lot at what the situation in japan means for oil prices and therefore your gas prices. japan is already even though they rely a lot on nuclear, they're the third largest importer in the world behind us, the u.s., and behind china. there's where japan gets their oil from, more than 27% from saudi arabia, 23% from the uae, the united arab emirates. they don't import any from libya. at the same time, the concern here is nuclear being offline i...

Also the entire middle east is grappling with the problem of what to do with their oil, what to do with democracy. we don't have that much oil to play with, but saudi arabia could definitely make up what libya gives up, but they are in precarious position themselves. >> eric: we have a chart looking back from february 16th when the unrest in libya begin, look at that, going north, zooming right up and that is regular unleaded. >> guess what that ends on the 20th. we haven't even started the summer driving season. think we were at 4.11 was the high. i know very good oil traders that we may very...

Suv? >> yeah. >> reporter: libya is the 17th largest oil producer in the world. as a result of the civil war there, gas in california shot up 50 cents in the past month. and now averages $3.89 per unleaded gallon. indiana and minnesota, up 40 cents. texas and nevada, 44 cents. >> all this extra fuel cost has to get passed on to the consumer. because it costs more to ship their goods to market. >> reporter: with americans nervous about these rising prices there has been mounting political pressure for the president to tap into the nation's oil reserves. it consists of 727 million barrels stored...