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Oil, gas prices on the rise before Christmas, could drop in January

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Oil prices are hovering at the $89.51 a barrel price. In recent weeks it has dropped below $86 a barrel for sweet crude. With oil prices below $100 a barrel, prices at the pump have declined steadily from $4 a gallon last summer.

What lies ahead in the new year?

“Bank of America Merrill Lynch says U.S. oil prices could drop to $50 a barrel if problems arise moving all the new production out of the middle of the country,” a CNN Money report noted.

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
(218) 855-5889
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