On Friday, June 6, oil prices went past $138 dollars per barrel, and today retreated only slightly, while gas prices today rose above $4/gallon for the first time. See coverage and analysis at both Nightly Business Report and NewsHour.

Nightly Business Report story: Update on the story and its effects on the economy.

Nightly Business Report’s ‘Pain At the Pump’ special report:
Examines the impact of gas prices on the government, small and large business, and consumers.

NewsHour Video:
A series of NewsHour interviews has explored a range of views on the costs of oil — including those of an environmental adviser, an oil executive and three authors.

Jared Diamond interview on NewsHour online:
The author of “Guns, Germs and Steel” discusses how these high prices will affect the future of oil and our global culture in general.