Oil

(credit: JEFF PACHOUD/AFP/Getty Images)

Owner Loses $21,000 After Gas Price Glitch Offered $1.10 Per Gallon

Drivers in Wilmington waited in long lines at the Valero gas station in Wilmington for premium unleaded at $1.10-a-gallon, but it turns out it was all a computer glitch.

05/17/2011

(credit: Getty Images)

Study: $5 Gas Not Enough To Give Green Light To Hybrid Cars

The main reason: shoppers fear the high price tag for most hybrid and electric vehicles may be too high to offset the savings they can expect at the pump.

04/27/2011

(credit: KAREN BLEIER/AFP/Getty Images)

Obama: $5 Gas No Threat To National Security

The White House says dependence on fossil fuels and billions in private subsidies are the real problem behind rising gas prices.

KNX 1070 NEWSRADIO–04/25/2011

(Getty Images)

Drivers Start To Cut Back On Gas As Prices Rise

With the price of gas above $3.50 a gallon in all but one state, there are signs that Americans are cutting back on driving, reversing a steady increase in demand for fuel as the economy improves.

KNX 1070 NEWSRADIO–04/11/2011

(credit: Justin Sullivan/Getty Images)

Gas Prices Continue To Climb Across Southland

The average price of a gallon of regular gasoline in both Los Angeles and Orange counties rose again Monday for the 13th straight day.

04/04/2011

(credit: ROBYN BECK/AFP/Getty Images)

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–03/28/2011

(credit: AP/Paul Sakuma)

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.

03/25/2011

(credit: ROBYN BECK/AFP/Getty Images)

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.

03/21/2011

(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.

03/15/2011

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.

03/10/2011

(credit: ROBYN BECK/AFP/Getty Images)

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.

03/09/2011

oil spill, oily water

Ruptured Pipeline Sends Oil Onto Ventura Beach

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

03/08/2011

(YouTube.com)

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.

03/08/2011

(Getty Images)

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–03/07/2011

(credit: ROBYN BECK/AFP/Getty Images)

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–03/07/2011

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