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The news begins anew with "Studio B"...

Vice President Dick Cheney's chief aide I. Lewis "Scooter" Libby (search) is indicted by a grand jury in relation to the CIA leak investigation.

Libby is charged with five counts including obstruction of justice, making false statements to mislead a grand jury and perjury.

Almost immediately after the indictment was handed down, Libby resigned as Cheney's chief of staff.

We'll get legal insight from Judge Andrew Napolitano, FOX News' senior judicial analyst, and reaction from Juan Williams, senior national correspondent for NPR.

Then, some lawmakers are accusing the entire oil industry of gouging, saying they're cashing in while consumers are forced to shell out more for sky-high prices. We'll get reaction from Patricia Powell, president of Powell Financial Group.

Real journalism: fair and balanced. That's why we're No. 1 — FOX News Channel.

About the Show

Join Shepard Smith every Monday through Friday at 3 p.m. ET for FOX News Channel's daytime show "Studio B."

We'll bring you the biggest stories of the day, including interviews with today's top newsmakers.

Become part of the mix and get your voice heard... drop us an e-mail at studiob@foxnews.com.

"Studio B with Shepard Smith" is one of the reasons that FOX News Channel is the most watched news network in daytime.

Note: Topics subject to change