Oil prices

The president might be able to do little to really bring down short term gas prices. But reporter Scott Tong outlines some things that actually would affect the price.

Oil prices are on the rise today, in part because of news out of Syria. But there are also bigger picture problems to worry about.

Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.

When I heard the news this morning that OPEC will cut its production by 1.5 million barrels per day next month, I thought they made a good decision...

With gas prices well over $4 a gallon here in Los Angeles, a lot of us are limiting the short drives to the store and other impulse runs we used to...