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Although there are some lingering showers in north central portions of florida at this hour. dry across much of the balance of the country. and some rain out west. meanwhile, as you head out the door on this tuesday, the first day of march, right now, it's 20 in caribou. it's 21 in cleveland and 222 in chicago. you can see, it's chilly up north. mid atlantic, temperatures for the most part in the 40's and they extend back through the southern plain states. later on today, it's going to be a glorious day temperature wise across texas and also florida as well with temperatures in the 70's. appro...

Mean tile, it is the news that hits home. surging gas and oil prices could cause serious damage to the economy and your on personal economy. this morning, the price for a gallon of gas is now $3.37 a gallon. we saw this big jump. 13, 16 cents in some places. some states are paying 3.70 or higher. >> it's like a tax. money right out of your pocket. one analyst told me that every cent increase is $4 million every day out of our pockets. money not spent some where else. you've got people concerned about what it means for our economy and the overall economy. oil prices moving higher. once they mov...

A corridor in tunisia or egypt to help with the humanitarian assistance. that is really starting to come to the fore as the number one situation, how we can play into the humanitarian crisis that may come in libya. the u.s. military had started some very initial steps to establish some mill to mill ties with libya. that's all been scrapped with the developments there now. >> chris lawrence, reporting live from washington, thanks. you feel the unrest in libya when you fill up your gas tank, regular is 3.37, up nearly 17 cents in the past week and there doesn't seem to be an end in sight. expe...

For our factories and cars, and if the european market is not getting the oil it needs, that means it is competing with the oil we get from algeria for the light sweet crude. every drop that comes out of the ground, it's accounted for. libya is the largest proven reserves in africa. it's what they're not producing yet, too. >> in other words, we're stuck with it, and deal with it. it could go up to $5 a gallon? >> maybe $4. if the economy weakens because of what oil prices are doing, that means demand for oil and gas starts to go down. we were at $3.37, 17 or 18 cents in a couple of days. righ...

High. this is where we have been in 30 days, up 8% for oil prices. the st. louis fed president came out today saying right now the high oil pritss aren't a big drag on the economy but if these prices stay high for a sustained period, then it could become a big spending issue and could hurt the overall economic recove recovery. >> thank you. >> just how high is the price of gas going to go? the national average for a gallon of regular is up for the sixth consecutive day. $3.37. after hawaii, california is getting hit the hardest with $3.76 a gallon. the whole country right now is over the $3 ma...