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The Week Ahead: Georgia Elections, December Jobs and 8 Earnings Reports to Watch It's time to start a new trading year. Jan 03, 2021 | 09:15 AM EST We have finally closed the books on 2020, a year that we can safely say was unlike any other. As investors and traders return from the holiday weekend, the agenda for the week includes a host of events, reports and earnings releases that are likely to influence the market. On Tuesday, the important Georgia Senate runoff elections take place, with the balance of power in that government chamber at stake and major implications for U.S. polit...

Concern about the suez canal br some where some of the oil comes through. and reduced oil inventory and less supply out of libya. >> a lot happening overseas. how do high oil prices compute to price at the pump? >> this is what we're paying now $3.55, that's the average across the country. we're lower than we were a months ago. you put together a 10 to 20 cent increase, some say 30 cents and each penny increase how it feels to you each penny increase is $4 million a day that is out of your pocket in this country so that's like a tax on consumers, quite frankly, less money to spend. >> everyone...

They export about 3.5 million barrels per day. that's what they pop out there. but there are important points here, our usage of oil is going down in this country right now. it has fallen. so we have higher supplies. natural gas supplies at a five year high. you have the highest number of oil inventory since 1999. this market does not move on fundamentals. we would all love that. but it's really unrealistic unless you take in all the moving parts. >> look forward to seeing you everywhere. >> i want to pump $2.50 gas. don't we all? >> absolutely. >> coming up straight ahead, an appalling story....