Archives for December 2014

No End in Sight to Falling Gas Prices

Motorists traveling for the year-end holidays saw the cheapest Christmas day gasoline since 2008. And AAA says prices could drop another three-to-six cents by New Year’s Day. The national average price of gas declined for the 94th consecutive day Sunday, which is the longest streak on record. Regular is now $2.29 a gallon nationwide. In Mississippi, the statewide average is $2.11, down 10 cents from a week ago. In Grenada, the price of regular averages $2.05, down 19 cents. AAA says the world’s oil supply continues to outpace demand keeping downward pressure on oil and gas prices, a trend that is expected to continue.

Gas prices still falling

When 89.5 million Americans hit the holiday road, they will find the cheapest gasoline since May 2009, and the lowest Christmas day prices since 2008. That’s according to AAA, which says oil prices dropped for the fourth consecutive week because of increased oil production and low demand, and that’s keeping downward pressure on the price of gasoline. In Mississippi, the statewide average for a gallon of regular is $2.21, seventh-cheapest price in the country. In Grenada, the average is $2.26, down 10 cents from a week ago.

Gas price update

Motorists are saving an average of $10 for a tank of gas compared to this time last year. That’s according to AAA, which says that’s because the domestic oil supply is at a three-decade high and the price of oil has fallen to its lowest level in five years.The national average price for a gallon of regular is currently at $2.53 a gallon. The statewide average in Mississippi is the fourth-cheapest in the country: $2.32 a gallon. In Grenada, regular gas averages $2.35, down 10 cents from the week before.

Greenwood Xmas Parade

It’s being called “the official kickoff for the holidays.” The Greenwood Commonwealth reports that the 79th annual Roy Martin Delta Band Festival and Christmas Parade gets underway at 4 o’clock this afternoon. The event is organized and sponsored by the Greenwood-Leflore County Chamber of Commerce. Among the bands marching in the parade will be those from Greenwood and Leflore County high schools.

Maryland crash kills Winona woman

A suspected drunk driving crash in Maryland killed a woman from Winona. Police say Ronald Williamsen was behind the wheel of a Honda Civic that left a road in Glen Burnie early Tuesday morning and struck a tree and street sign. The fatality was a passenger, 21-year-old Kaitlan Williams. Williamsen wasn’t hurt but he’s been charged with homicide by motor vehicle while intoxicated, DUI and other traffic offenses.