Gas

California gas prices soar above $4

Gasoline prices have spiked in California, soaring well above what most Americans are paying at the pump. In some locations, Californians are paying $5 for a gallon of gas.

OPEC prepares to extend oil production cuts

OPEC announced on Monday it will restrict the supply of oil for another nine months in a bid to support prices pressured by weakening economic growth and skyrocketing American production.