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The Market closed green across the board as of its last trading session. The Dow Jones had moved higher by .23% and finished the day off at 11,559.49. The Nasdaq was higher by .15% and finished the day at 2,671.48. The S&P 500 was greener by .34% and settled at 1,258.54. Energy commodities were mostly trading in the green as well. Crude oil was in the green by .73% and settled at $90.48 per barrel for February contract delivery. Heating Oil ended the session in the green as well by .44% and settled the session at $2.54 per gallon for February contract delivery. Natural Gas was up by .12% to end the session and finished last floor trade at $4.10 for January contract delivery. Unleaded gas was higher as well by end of session as it was up by 1.06% and settled the session at $2.41 per gallon for February contract delivery. Oil prices have been ticking higher and higher according to priceline graphing of oil prices from mid November through the third week of December. It was reported this week that the nation’s crude oil supply fell more than what had been expected and consequently, oil price topped $90 a barrel. Prices have not settled this high since the last quarter of 2008. Gas prices are consequently moving higher as well. According to triple A, Gas prices are positioned to move above the $3 mark for the first time since 2008. Right now, gas prices are more than 15% higher than they were just one year ago at this time. Motorists are not happy with this Christmas delivery. Author: Stephen Johnson
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