THE STUDENT VOICE SINCE 1904 THE UNIVERSITY DAILY KANSAN TUESDAY, MARCH 1, 2011 VOLUME 123 ISSUE 104 WWW.KANSAN.COM FILLING THE TANK POLITICS FUEL GAS PRICES Some experts say political instability in northern Africa is causing gas prices to rise without an end in sight BASÉD on émissions thermiques kanaşsaşpiesiks.com BASED on emissions thermalisées kanaşsaşpiesiks.com Gas prices have been increasing over the past month, most likely due to the political unrest in Libya. There have been some predictions that oil prices would surpass the 5200 per barrel mark for the first time ever. BY PAT MUELLER pmueller@kansan.com "That should keep things a little bit calm, but it's basically a loose cannon over there." Staihr said. "People react without sometimes thinking and that can just play havoc with speculators on oil prices." U. S. Crude oil jumped to a 28-month high, peaking at about $100 a barrel last week. Many experts say political instability in Libya is the driving force of the price increase. recently. "The potential disruption in supply based on what we've seen going on in Libya, that has been single handedly part of the reason we had such volatility particularly last week," Brian Staihr, economics lecturer, said. According to Staihr, speculation and concerns about a shortage in oil supplies cooled off The price of oil is not solely determined by physical supply, but also by expected future supply. According to the U.S. Energy Information Administration, Libya holds the largest proven oil reserve in Africa. Staihr said that oil speculators raised prices after considering the possibility of a civil war in Libya that would disrupt oil production. SEE GAS ON PAGE 3A Jayhawks bouncing back with Monday's victory Student interest is key when it comes to healthier options on campus. BASEBALL|8A CAMPUS Kansas victory against Creighton jump-starts the team's momentum going into the season. Seniors: don't forget to apply for graduation BY SHAUNA BLACKMON sblackmon@kansan.com Today is the last day seniors can apply for graduation. Those who have not yet applied can still do so online via the Enroll and Pay section on the KU website, or with an advisor in Strong Hall. Students who are finishing up their coursework during the summer may walk down the hill in May and must follow the same timeline requirements. If students who plan on graduating in May do not apply today, they must meet with a graduation advisor as soon as possible. In addition to applying to graduate, students must make a diploma delivery request, which can also be done on Enroll and Pay. —Edited by Jacque Weber A panel of former Peace Corps volunteers discuss their experiences overseas with the organization. The University was recently ranked as the 25th in a list of universities that produced the most Peace Corps volunteers in 2010. IMPORTANT GRADUATION DATES Max Lush/KANSAN Today: Deadline to apply for graduation for undergraduates and law students March 25: Deadline to order regalia at Lawrence and Edwards campuses April 28: Deadline to apply for graduation for graduate students May 22: Commencement BY HANNAH DAVIS hdavis@kansan.com Fifty years ago on March 1, President Kennedy signed Executive Order 10924, an act which marked the birth of the United States Peace Corps. To mark the milestone, the Peace Corps offices at the University hosted a panel of returned Peace Corps volunteers at the Kansas Union Monday night. Peace Corps volunteers discuss service after college LOCAL The panel consisted of four returning Peace Corps volunteers: George Pro, who served in Malaui, Lindsey Dudley, who served in Ecuador, Elizabeth Durkin, who served in Mongolia and Rachel Vierthaler, who served in the Dominican Republic. Former students reflect on their experiences with the Peace Corps Durkin said she learned as much about herself as she learned about the Mongolian people. students who attended the panel discussion were able to have their questions about Peace Corps service answered by people who had gone through the process. Allie Brown graduated from the University two years "I did and accomplished things during my time in Mongolia that I never imagine I would or could do." Durkin said. "I think a lot of people just out of school are confused about what comes next. It was comforting to hear that the Peace Corps helped other people to find a direction in their lives." Brown said. The University was recently ranked 25th in a list of univer- ago and is looking to start a new chapter in her life. SEE PEACE CORPS ON PAGE 3A INDEX Classifieds...9A Crossword...4A Cryptoquips...4A Opinion...5A Sports...10A Sudoku...4A TODAY'S WEATHER A. M. Snow Showers X 1. All contents, unless stated otherwise, © 2010 The University Daily Kansan 4 3