Cheap Gas May Be on Its Way Out

For two years, the price of crude oil has been dirt cheap. But according to the International Energy Agency, which represents 29 oil importing countries including the U.S., that may be about to change.

On Thursday, the group reported that oil production will fall short of demand by one million barrels a day in the second half of 2016, a stark contrast to the oil supply glut that has plagued producers -- but been great for consumers -- since 2014.