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Topic: Strategic Petroleum Reserve

AAA reports Tennessee Gas Price Average down 12 Cents

 

Clarksville-Montgomery County has Cheapest Gas Prices in Tennessee

AAANashville, TN – The Tennessee gas price average continues to decrease amid growing concerns about COVID-19 (Coronavirus) and has dropped 12 cents since this time last week. 

The Tennessee Gas Price average  is now  $2.04 which is nearly 17 cents less than one month ago and 31 cents less than one year ago. 

Gas Prices continue to fall at the pump. Tennessee average likely to drop below $2.00/gallon by end of the week. (AAA)

Gas Prices continue to fall at the pump. Tennessee average likely to drop below $2.00/gallon by end of the week. (AAA)

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Stocks Fluctuate Sharply on Oil News

 

Fed’s Lower Economic Projections

Raymond JamesClarksville, TN – Stocks fell broadly before recovering in late trading Thursday as investors reacted to negative news on a number of fronts. On Wednesday came a downbeat assessment of the U.S. economy by Fed Chairman Ben Bernanke, and on Thursday a surprise announcement that the U.S. would tap into its Strategic Petroleum Reserve as part of an international effort to counteract oil shortages stemming from the ongoing conflict in Libya and unrest elsewhere in the Middle East.

The Dow Jones Industrials, which had been down almost 235 points during midday trading, finished 59.67 points lower at 12,050. Other major averages traced similar moves. «Read the rest of this article»

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