Gas Prices, US Stock Markets, Holiday Spirit

December 21, 2015

Monday – December 21

Just in time for those Americans taking the road for the holidays, gas prices have fallen below the $2 level. Motor club AAA reports that the national average price for a regular gallon of gasoline is at $1.99, the first time below $2 since March of 2009, which was at the height of the Great Recession. One key reason for the decline in oil prices is the glut of oil flowing through global pipelines. In some parts of the country prices can be seen at $1.60.

U.S. Stock markets are rising on Monday in the holiday shortened week. The Stock markets will be closing early on Thursday, December 24th at 1:00 p.m. EST, while the Bond markets will close early at 2:00 p.m. EST. All capital markets will be closed on Friday in observance of Christmas. Stock markets begin the week higher as investors look for bargains after the major Stock indexes fell last week.

The holiday spirit is alive and well in Monroe County, Georgia. Last week an anonymous donor gave $5,000 to the sheriff’s office and asked if the deputies could pull over people with minor violations and instead of giving them a ticket, the deputies handed out $100 dollar bills in an effort to help out during the holidays. The spirit of the holiday season is alive and well.