OUCH!!

Friday, April 1, 2011 – 12:30 p.m.

Pressure continues to build on the U.S. economy this afternoon.

The price of West Texas Intermediate Light Sweet Crude closed above the $108 a barrel mark at $108.01 at the New York Merchantile Exchange this afternoon.

The current run-up will likely pressure gasoline prices well past the $4 per gallon level.