Oil « CBS Los Angeles

Consumer Spending Up Due To Rising Gas Prices

Consumer spending rose in February at the fastest pace in four months, but a big part of the increase went to cover higher gas prices.

KNX 1070 NEWSRADIO–2011/03/28

Average Gas Price Passes $4 Per Gallon In Los Angeles County

The average price for a gallon of self-serve regular unleaded gasoline in Los Angeles County has passed the $4 mark for the first time since Aug. 19, 2008.

2011/03/25

Crisis In Libya Causes Gas Prices To Keep Climbing

The average price for a gallon of regular unleaded gasoline is at $3.97, but it could soon top $4.

2011/03/21

(credit: YOMIURI SHIMBUN/AFP/Getty Images)

Crisis In Japan Affects Oil Prices, Stock Markets

Gas prices are still hovering near $4 a gallon in Southern California, but oil prices slumped below $98 a barrel Tuesday as traders braced for the worst in Japan, where a third explosion in as many days at an earthquake-damaged nuclear plant triggered a radiation leak.

2011/03/15

Rising Fuel Prices Blamed For Latest Airfare Hike

Wanna get away? You’d be wise to book your flight before the summer, as fares are set to skyrocket to keep pace with the price of crude.

2011/03/10

Pain At The Pump: Southland Gas Prices Keep Climbing

The average price for a gallon of self-serve regular gasoline in Los Angeles County has risen to the highest amount since August 24, 2008, increasing 1.1 cent Wednesday to $3.929.

2011/03/09

Ruptured Pipeline Sends Oil Onto Ventura Beach

A ruptured oil pipeline has sent crude onto a Ventura County beach Tuesday.

2011/03/08

Covina Station Selling Gas For Nearly $5.00 A Gallon?

An online video that has gone viral claims to show a local Mobil station selling super unleaded gas for $4.99 a gallon.

2011/03/08

LA Professor Calls For Statewide Oil Drilling Tax

A local college professor is leading the charge to tax every drop of crude oil pumped in California.

KNX 1070 NEWSRADIO–2011/03/07

Libyan Crisis Drives Up Gas Prices In Southern California

The crisis in Libya is reaching Southern California as oil prices continue to push higher.

KNX 1070 NEWSRADIO–2011/03/07

San Gabriel Valley Station May Have Highest Gas Prices In US

If you’re anywhere near Azusa Avenue in Covina, you might want to think twice before pulling into the nearest gas station.

2011/02/24

SoCal Gas Prices Soar; Highest Since Fall ’08

he 12th increase in 13 days has seen local pump prices hit their highest point in nearly two-and-a-half years.

2011/02/14

BP To Sell Its Carson Refinery, Local Arco Operations

BP PLC says it is selling its Southern California gasoline business as part of a major restructuring after last year’s catastrophic oil spill in the Gulf of Mexico.

2011/02/03