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Barrel this year or from late last year, ten a barrel higher. there is also this ongoing turmoil in the middle east. it never seems to settle down right in the middle of the oil patch. so oil prices stay, 95, 96, $97 a barrel. up goes the price of gas, martha. that's what's happening. martha: once we get through the blend period which you're pointing out is always a little upward pressure on prices and even more so in this case because of all the underlying factors that you mentioned what does it mean as we get closer to the summer season? higher i imagine. >> that is it when gas prices tradit...

They don't pay $105 or $120 because they produce billion barrels which they sell. russia will not play. no-fly zone or u.s. attack on qadaffi would put the rebels in place and maybe free flowing oil would happen again and prices would retreat. $4 a barrel higher today, maybe it is back down so russia likes this. >>neil: what if muammar qaddafi makes good on threats to wipe out the rebels? the air raids would be moot. >>guest: they are moot until there are other protesters and another country says what about us? the uprising started in tunisia, spread to egypt, and then to libya, from country t...

Soaring as the violence intensifies. that's up 5 cents from last week. eric bolling is host of "follow the money." you have been warning about this and up 5 cents just from last week. >> reporter: as we speak gasoline wholesale level, 8 cents a gallon in the last few hours soaring on world oil markets. oil $6 a barrel higher right now. very concerning overseas. near that egypt-libya area. $106 a barrel. oil prices are on the rise. bad time, what really bad time. megyn: how high are they likely to go? >> reporter: i think $100 a barrel for u.s. crude. as all these prices are