Tuesday, May 21 2013 12:03 AM EDT2013-05-21 04:03:02 GMT
Paramedics tell us they're amazed no one was seriously hurt in a rush hour crash just outside Albany Monday evening. The driver of a pickup truck lost control on Philema Road just before 5:00. The truckMore >>
The driver of a pickup truck and his passenger walk away from the mangled wreckage after a crash.More >>
Tuesday, May 21 2013 12:02 AM EDT2013-05-21 04:02:59 GMT
An unusual wreck on Albany's bypass Monday night left the highway littered with yard debris. About 9:30, a car collided with a trailer that was hauling tree limbs on the Liberty Expressway between theMore >>
Wrecked cars and yard debris slow traffic on Albany's bypass.More >>
Monday, May 20 2013 11:45 PM EDT2013-05-21 03:45:07 GMT
Moultrie Police tell us they have the accused triggerman in a shooting in custody after two weeks on the run. Police arrested 19-year-old Darren Huntley over the weekend in Waycross. 22-year-old DominiqueMore >>
Moultrie Police tell us they have the accused triggerman in a shooting in custody after two weeks on the run.More >>
Monday, May 20 2013 11:37 PM EDT2013-05-21 03:37:21 GMT
Students at a South Georgia University are working together to make it into the workforce. Nursing students at Georgia Southwestern asked business students to help them prepare for their job searches. HumanMore >>
Students at a South Georgia University are working together to make it into the workforce.More >>
Monday, May 20 2013 11:28 PM EDT2013-05-21 03:28:47 GMT
A lot of South Georgians are all too familiar with the damage a tornado can do. An EF-3 tornado roared through Americus six years ago. It killed two people and destroyed Sumter Regional Hospital andMore >>
A lot of South Georgians are all too familiar with the damage a tornado can do.More >>
ALBANY, GA (WALB) - How does gas for $1 a gallon sound to you? There's speculation that gas could plummet down to the $1 mark again but that drop wouldn't necessarily be a good thing.
Gas prices have been on the downward spiral recently. Prices are below the $1.60 mark at many Albany gas stations. Just 60-cents away from a price not seen since about 1999, people are beginning to think gas for $1 a gallon is feasible.
But that would mean oil prices would continue to hit all-time lows and jobs would continue to get slashed. In other words, if you saw such a dip at the pumps that could be a sign of a worsening economy and recession.
"The driver here is if you don't have a job or your income is being significantly cut, you don't care if gas is a dollar. You still have other bills you have to pay, food, entertainment and so forth," said Darton Economics Professor Aaron Johnson.
On Monday, oil prices settled at $43.71 a barrel. Last week they fell 25-percent. Right now national gas prices are the lowest they've been since March of 1999.
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