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When the economy gets a 20 percent discount

Oct 20, 2014
The dip in oil prices is looking like a sustained drop. What are the consequences?

Weekly Wrap: Conflict in Iraq

Jun 13, 2014
Sudeep Reddy and Nela Richardson sit down with Kai to discuss the week's news.

Global oil prices fall ahead of Iran talks

Nov 20, 2013
Resumption of exports from Libya, rising U.S. stockpiles, and the Iran talks are driving down oil prices.

Oil prices slide, and the search for an explanation is on

Sep 18, 2012
When oil prices fell sharply, the search for an explanation became almost as big a story as the slide itself. Unexplained fluctuations in markets have begun to reveal the anxiety left behind by 2008's financial crisis.
Oil traders work on the floor of the New York Mercantile Exchange on May 11, 2012 in New York City.
Justin Sullivan/Getty Images

The scarce ways that crude oil costs could drop

Mar 21, 2012
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.

Tensions in Middle East affecting oil prices

Feb 15, 2012
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.

Iran oil blockade unlikely to go through

Dec 28, 2011
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.

For public good, not for profit.

Does production cut make OPEC green?

Oct 24, 2008
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...

High gas prices helping rural towns

Jul 9, 2008
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...