Gas Prices Rise Across Northeast Due to Tariffs
Gas Prices Rise Across Northeast Due to Tariffs

Gas Prices Rise Across Northeast Due to Tariffs

News summary

Gasoline prices are on the rise across the U.S., particularly in the Northeast, due to new tariffs imposed by President Donald Trump on energy imports from Canada. Experts predict that prices could increase by 20 to 40 cents per gallon in the coming weeks, primarily because the region relies heavily on Canadian refineries, especially the Irving Oil refinery in New Brunswick. As the tariffs take effect, prices have already seen a slight uptick, with reports indicating a two-cent per gallon average increase in Maine and a rise to $3.10 in other areas. The trend is expected to worsen as demand increases with warmer weather and the transition to more expensive summer fuel blends. In addition to gasoline, other fuels such as diesel and jet fuel may also see significant price hikes. The overall impact will vary regionally, with the Northeast facing the most immediate consequences due to its dependency on Canadian energy products.

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