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Trump’s rates could increase gas prices in CT

Trump’s rates could increase gas prices in CT

Hartford, CT (WFSB) – Connecticut gas prices could decrease as a result of Tariffs implemented by the Trump Administration.

Patrick de Haan from Gasbuddy said on Tuesday at 12:01, Irving Oil, a major refinery based in Saint John, New Brunswick, Canada, adjusted fuel prices on almost all US -market fuel to reflect 10 percent rate.

“Looking for retail prices to react quickly to this market,” Haan said.

Starting Tuesday morning, the average price for a gallon of ordinary gas in Connecticut was about $ 3.05.

The rates were implemented on Canada and Mexico.

De Haan said that fuel prices will be affected the fastest in states such as tomorrow, Vermont, Connecticut, Massachusetts and Rhode Island.

“The prices of petrol and diesel in me, CT, VT, Ma, Ri, NH are likely to start growing (Tuesday),” he said. “The rhythm will vary, but by the middle of March, it could be 20-40C/LAG. Salts can also stretch in NY. “

De Haan said that wholesale prices, price gas stations already pay, have started to grow.