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Russian Invasion of Ukraine

Business
CT Gas Prices Hit All-Time High; Here's What You Can Do To Save Fuel, Money CT Gas Prices Hit All-Time High; Here's What You Can Do To Save Fuel, Money
CT Gas Prices Hit All-Time High; Here's What You Can Do To Save Fuel, Money Connecticut continues to contend with the crisis in Ukraine as gas prices have hit a new record high amid the invasion by Russia, according to AAA. As of Wednesday, March 9 - the day after President Joe Biden announced he would no longer be accepting Russian oil - the average price per gallon in Connecticut rose to $4.41, eclipsing the previous record of $4.39 that was set on July 9, 2008. In the past 24 hours, the average price rose six cents in Connecticut, while gas costs 42 cents more than a week ago and is up from $3.60 a gallon a month ago. One year ago, on March 9, 2021, the averag…

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by Zak Failla
Lifestyle
Connecticut AG Issues Consumer Warning As Gas Prices Spike Connecticut AG Issues Consumer Warning As Gas Prices Spike
Connecticut AG Issues Consumer Warning As Gas Prices Spike With gas prices rising to record highs in Connecticut, Attorney General William Tong is cautioning consumers to be aware of potential price gouging at the pump. In Connecticut, the price of gas has risen to an average of $4.28 per gallon, the highest rate the state has recorded since May 2012. Earlier story - Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week State statute requires that the Department of Energy and Environmental Protection (DEEP) monitor the wholesale price of gasoline in the Hartford and New Haven areas, officials noted. When the who…

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by Zak Failla
Business
Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil
Russia's Ukraine Invasion Could Lead To Price Hikes For These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…

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by Zak Failla