AAA reports Tennessee Gas Prices to Rise on Syria Conflict
April 20, 2018
Clarksville-Montgomery County has the Third Cheapest Gas Prices in Tennessee
Tampa, FL – Pump prices will get more expensive this week, due to rising geopolitical tensions in the middle east. The conflict in Syria sent crude prices to their highest point in more than three years, and as a result, motorists are about to feel the pain at the pump.
The national average price for gasoline is the highest in more than two years.
Crude Oil Prices soar due to conflict in Syria.
AAA reports Gas Prices Surge at Pump
April 12, 2017
Tampa, FL – Gas prices are rising across the country. The national average price for a gallon of regular unleaded jumped 7 cents in the past week. Sunday’s average of $2.39 is the highest since September 2015.
Also in the past seven days, gas prices rose 12 cents in Florida, 8 cents in Georgia, and 7 cents in Tennessee. Florida’s average price of $2.42 is the highest since August 2015. Georgia’s average price of $2.28 is the highest since October 2016. Tennessee’s average of $2.14 is the highest since January 2017.
The United States average is the highest price since September 2015.
Oil Prices Surge as United States Launches Missile Attack on Syria
April 7, 2017
Boston, MA – Oil prices were trading sharply higher after the United States launched a missile attack on Syria Thursday night. Oil rose in usually quiet after-hours trade by a dollar per barrel to $52.70 after news spread of roughly 50 Tomahawk missiles being launched from two U.S. warships in the Mediterranean Sea.
Oil Prices rise after news that the United States launched Tomahawk misslies at Syria Thursday night.
AAA reports another Week of Increased Pump Prices
October 12, 2015
Tampa, FL – Elevated demand and seasonal refinery maintenance kept upward pressure on the price of gasoline last week.
The national average price for a gallon of gasoline rose 2 cents from last week, while average prices jumped 7 cents in Florida, 1-cent in Georgia and 3 cents in Tennessee.
Quarterly gains endure September’s volatility
October 4, 2014
Clarksville, TN – September reinforced its reputation as one of the worst months for stocks. The S&P 500, for example, dropped 1.5%. Thankfully, the declines over the past two weeks weren’t enough to entirely erase the gains we have seen over the past quarter.
In fact, the broad-market index, which reached a record high on September 18th, just managed to post its seventh straight quarterly gain.
Frazier Allen
Equity markets slide after an eventful month
August 1, 2014
Clarksville, TN – The last week of July has been eventful on a number of fronts. The economic calendar was packed, geopolitical tensions intensified and Argentina teetered on the edge of default, eventually going over. This is the second time the South American country has defaulted on its debt in the past 13 years.
The default may be short-lived if Argentina can reach an agreement to pay its missed $1.5 billion interest payment.
Frazier Allen
Tennessee Department of Health says Polio vaccinations are still important
July 25, 2014
Necessary for All, Especially for Travelers
Nashville, TN – The Tennessee Department of Health, in alignment with the U.S. Centers for Disease Control and Prevention, is issuing polio vaccination guidance for individuals planning travel to and from 10 countries where wild poliovirus, or WPV, is currently known to be a threat.
Those countries include: Afghanistan, Nigeria, Pakistan, Cameroon, Ethiopia, Equatorial Guinea, Iraq, Israel, Somalia and Syria. [Read more]
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 8th, 2013
October 8, 2013
Clarksville, TN – Due to a lapse in appropriations, the government entered a partial shutdown. Some 800,000 federal workers were furloughed and about two million others continued to work but without getting paid. The economic impact of the shutdown will depend on how long it lasts.
A few days would not be a big deal, but a prolonged shutdown would result in a larger disruption of worker income (and corresponding restraint in consumer spending). In addition, the uncertainty may lead businesses to delay new hiring or capital expenditures. During the 1995-96 government shutdown, about 20% of private contracts with the government were affected.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 29th, 2013
September 29, 2013
Clarksville, TN – Next week, the markets will be interested in the ISM Manufacturing Index, but the focus should be on the September Employment Report. Seasonal adjustment is an issue in September.
We can expect to add more than 1.4 million education jobs (public and private) before adjustment, with hundreds of thousands of seasonal job losses in other areas. So it seems a little silly to worry about the nearest 20,000 or so in the adjusted payroll figure. The unemployment rate is expected to hold steady (at 7.3%) or edge a bit lower
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 22nd, 2013
September 22, 2013
Clarksville, TN – The Federal Open Market Committee did not reduce the pace of asset purchases. In its policy statement, the FOMC noted that the improvement in economy activity and labor market conditions since it began the asset purchase program a year ago was “consistent with growing underlying strength in the broader economy,” but “the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.”
Frazier Allen
