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Oil Price Information Service
Co-founder and long-time energy analyst for the Oil Price Information Service, which monitors petroleum prices and trends worldwide
PROFILE
Tom Kloza
Guest
FROM Tom Kloza
Which Way, L.A.?
Short Supplies Fuel SoCal's Gas Price Hikes The average price of gallon of gasoline in the United States is $2.77. In the LA area it's $4.05. Prices have risen by 50 cents in the past week to highs of $5 in some places. Tom Kloza is global head of energy analysis for the Oil Price Information Service.
To the Point
When Oil Falls, Who Wins? It seems like yesterday that oil prices were going up—pushing the price of gasoline along with them. Oh, how times have changed. One oil analyst says we’re seeing an “epic” transformation—bigger than anything in a generation. Oil now costs less than 70 dollars a barrel on the world market, and it’s expected to go even lower. That’s great for America’s consumer economy, but it’s big trouble for countries that depend on oil exports. We’ll look at the consequences, both good and bad—for international stability and the environment.
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