Earthquake drives oil up … yeah, yeah, that's it!

Oil broke a new record high Friday, April 18, topping $116 a barrel in midday trading. Diesel is also at another all-time high with ProMiles showing today's national average price as $4.16 a gallon. Bloomberg speculated that crude oil rebounded to a record high because of concern that a 5.2-magnitude earthquake in Illinois might have affected refinery operations.