Getting your player ready...
NEW YORK — Gas prices hit $3.60 a gallon and oil futures rose to a record near $120 a barrel Monday as labor actions overseas threatened crude supplies. Oil prices later retreated to close up only slightly as the dollar stabilized against foreign currencies.
At the pump, the national average price Americans pay for gas rose 0.4 cents overnight to a record $3.603 a gallon, according to a survey of stations by AAA and the Oil Price Information Service.
