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For questions and comments on news or to provide news tips, call the Peg Broadcasting News Department at 931-473-9253, ext. 231, fax us at 931-473-4149 or email us at jay.walker@pegbroadcasting.com.

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Gas Prices
Tuesday March 21, 2017

Gas prices have declined 14 of the last 16 days. During that time, the national average price has declined 2 cents. Pump prices have drifted lower on increased inventories and declining oil prices.
AAA spokesman Mark Jenkins said gas prices are falling now, but gulf coast refineries are moving into their peak maintenance season, causing them to reduce gasoline production at a time when demand is slowly rising. This seasonal trend could push gas prices 25-50 cents higher by June, unless oil prices do not recover as expected.
The national average price for a gallon of regular unleaded is $2.29, a half-cent lower than last week.
Tennessee's average is $2.04, one cent lower than last week, two cents lower than a month ago and 22 cents higher than a year ago.

 


Grundy County Insurance Agent Indicted
WRCB Monday March 20, 2017

A Grundy County insurance agent has been charged with fraud.
The TBI says 46-year-old Troy E. Shrum, of Tracy City, is accused of taking money from several customers as payment for their insurance policies.
The TBI says the payments were never sent to the insurance provider, causing the cancellation of customers' policies.
Last week, the Grundy County Grand Jury indicted Shrum on two counts of Theft of Property and two counts of Insurance Fraud.
Shrum turned himself in and was booked into the Grundy County Jail on Friday.
He was released after posting a $7,500 bond.

 


Pioneer Baseball
Jay Walker Monday March 20, 2017

The Warren County Pioneers get back to district action Monday night when they host Stone Memorial in game one of a two-game series.
Game two is set for Tuesday night at Crossville.
Monday night's game starts at 5:30pm and will be broadcast live on 1230 WAKI.

 


Warren County Commission
Jay Walker Monday March 20, 2017

The full Warren County Commission will meet Monday night for its monthly session.
Commissioners will consider a brief agenda, which includes a resolution in regard to land conveyed to Motlow College for use as an Advanced Robotics Center. The commission will also reappoint Judicial Commissioners.
Monday night's meeting begins at 6:30pm at the Administrative Building.

 


State Revenues
AP Monday March 20, 2017

Tennessee's general fund tax collections were $8.4 million above projections in February, bringing the state's surplus revenues to $491 million through the first seven months of the budget year.
Sales tax collections came in at $33 million above estimates during the month, which reflects economic activity in January. But corporate franchise and excise taxes were nearly $17 million below projections.
Sales tax collections reflect a 6.5 percent growth compared with the month a year ago, and a 4 percent growth rate since the beginning of the budget year in July.
Fuel taxes, which are largely dedicated to road and bridge funding, dropped 8 percent compared with the previous February and were $1.7 million below budgeted estimates. But gas tax collections have beaten estimates by $27 million this year to date.

 

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