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Connecticut gas prices drop, interest rates to decrease

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Connecticut gas prices drop, interest rates to decrease


Consumers in Connecticut might have noticed some lower priced gas costs lately.

This comes as the federal reserve lowered interest rates for the first time in four years — which has the potential to help your wallet, too.

According to AAA, the average price of gas in Connecticut today is $3.16 per gallon. But GasBuddy shows you can find gas in Connecticut for as low as $2.66.

“When I saw $2.89 I thought ‘this is great,’” driver Kristine Lindgren, of Berlin, said.

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“Very happy because I’m travelling,” Maria Macidorek, of Berlin, said.

Drivers say paying under three dollars for gas is a welcome change after a rollercoaster few years of gas prices.

AAA data shows some days in 2021 had gas price averages as low as $2.27, where some days in 2022 averaged a record high at $4.98.

AAA says this day last year, the average price of gas was $3.86.

“It’s nice to see them low and all,” driver Richard Kozloski, of Berlin, said.

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Drivers say prices don’t change their driving habits, but they’re happy to take what feels like a discount.

“I have to go to work anyway but I’m happy they’re lower,” Macidorek said.

“You gotta get the gas, so you pay what it is,” Lindgren said.

“It depends on what your reference point is. Versus a year ago, we’re down about 70 cents in Connecticut versus two years ago, it’s another 50 or 60 cents. Versus four or five years ago, it’s way up,” said John Rosen, an adjunct professor of economics at the University of New Haven.

Rosen said the global price of oil is down over the past year or so, trickling down to what you pay at the pump. He said a small portion of what makes gas prices fall is based on the season as well.

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Simultaneously — with interest rates lowered for the first time in years — Rosen said the combination of falling gas prices and the interest rate cut could be good news for consumers.

“Both declining oil prices and declining interest rates, which makes it easier to pay your credit card bill, easier to buy a home. So you have both of them going down in and they’re both very much like a tax cut,” Rosen said.

He says whether this lowering of interest rates ends up being a positive for the economy has yet to be seen. Also, due to world events impacting the cost of oil, he said gas prices are unpredictable, too.



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Connecticut

Connecticut man arrested in Puerto Rico for allegedly killing 4-month-old and Massachusetts mother

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Connecticut man arrested in Puerto Rico for allegedly killing 4-month-old and Massachusetts mother


Connecticut man arrested in Puerto Rico for allegedly killing 4-month-old and Massachusetts mother – CBS Boston

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A Connecticut man has been arrested in Puerto Rico for allegedly shooting and killing a four-month-old baby and the child’s 20-year-old mother from Massachusetts.

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Connecticut man dies nine days after being struck by car in Wall

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Connecticut man dies nine days after being struck by car in Wall



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WALL – A 64-year-old Connecticut man has died from injuries suffered when he was struck by a car on Route 35 Nov. 9, police said.

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Michael Losacano, of Niantic, Connecticut, passed away on Nov. 18 at Jersey Shore University Medical Center in Neptune, police said. Losacano was hit by a Ford Explorer being driven southbound on the highway near Wall Church Road by a 72-year-old Farmingdale man at about 6:42 p.m. Nov. 9, according to police.

Losacano was taken to the hospital by Wall Township EMS. The accident is still under investigation and police did not reveal the name of the Explorer’s driver.

The accident is being investigated by Wall police Sgt. Andrew Baldino, the Monmouth County Serious Collision Analysis Response Team (SCART), and Detective Nicholas Logothetis of the Monmouth County Prosecutor’s Office.

Anyone who witnessed the collision or who has information relevant to the investigation is asked to call Wall police at (732) 449-4500.

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Jean Mikle: @jeanmikle, jmikle@gannettnj.com.



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On CT Adoption Day, 40 children find their forever homes

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On CT Adoption Day, 40 children find their forever homes


Judge Matthew Larock asked Ryan Soto if he had a statement to make. Soto was sitting next to 11-year-old Gabriel in a Torrington court room on Friday, finalizing his adoption.

Soto stood up and turned toward the gallery. The courtroom benches were filled with family members and case workers from the state Department of Children and Families, wearing proud smiles. This was a good day.

First, Soto thanked the many people who had helped make the adoption a reality. Then, he looked at his son.

“Gabe, I am honored that you came into my life. You are such an intelligent, kind kid. Thank you for making room in your heart for me as your dad, because we all have options here,” Soto said. Then, Soto addressed the rest of the room, and even the imagined audience that might be listening beyond:

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“There’s so many kids out there and a lot of older youth, they need help, and oftentimes we forget that they are still kids. They still yearn for love and family. So, we can make a difference. I didn’t do this alone — we made a difference in Gabe’s life.”

Ryan Soto addresses the courtroom gallery on Friday during his son Gabriel’s adoption ceremony in Torrington. Credit: Laura Tillman / CT Mirror

Soto gave Gabriel a kiss on the forehead and took a seat.

Gabriel was one of 40 children who were adopted across Connecticut on Friday, CT Adoption Day. DCF spokesman Peter Yazbak said that around 350 children are expected to be adopted this year in Connecticut.

DCF Commissioner Jodi Hill-Lilly joined the ceremonies in Torrington on Friday, with balloons, toys and cake to celebrate. Once Soto finished his comments, Hill-Lilly said a few words.

“What a tribute. I just personally want to say thank you for stepping up and doing what I consider to be God’s work,” Hill-Lilly said. Hill-Lilly urged other families to consider taking on a fostering role.

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“I would be remiss if I didn’t say you too can be an adoptive or a foster parent,” Hill-Lilly said.

After the ceremony ended, Soto shared a little more of his journey to adopting Gabriel. As a gay man who wanted to be a dad, “for obvious reasons it wasn’t happening naturally.” So, he started considering fostering a child to adopt, and imagined a kid under 5 years old.

But then, DCF sent him Gabriel’s profile, a 9-year-old looking for a forever home. “I said why not? Let me give him a chance.”

There were challenges. Gabriel had a hard time building trust with Soto, and sometimes grated against his rules. Those, Soto said, are typical challenges with older kids. “But when that wall comes down, it’s a big wall.”

That wall started to come down when Soto attended an awards ceremony at Gabriel’s school. “He was able to count on someone to be there, and I think from there he started trusting — trusting that somebody could care,” Soto said.

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Gabriel is still in contact with his biological family. His 4-year-old half-sibling, Elias, who had been adopted by another family, was also present at the event.

DCF has made a major effort in recent years to place children with relatives if they can’t remain with their birth parents. That means the number of children eligible for adoption to non-biological families has gone down. But there remains a bigger need for foster parents who are willing to serve as temporary placements for children who may need a home until they can return to their families.

DCF Commissioner Jodi Hill-Lilly speaks to the gathering at an adoption ceremony on Friday in Torrington as little Corrina explores the courtroom. Credit: Laura Tillman / CT Mirror

Natalia Liriano, the director of foster care for DCF, said that many of the children who do need adoptive homes may be older children, or children with significant health issues. People can learn more about those kids by visiting the DCF Heart Gallery page.

“We’re talking about teenagers who can give you a run for your money but they still need love and they still are deserving of being in relationships, children with medically complex needs who need to be in longstanding relationships,” Liriano said.

Earlier on Friday, 1-year-old Corrina was adopted by mom Michelle Gonzalez. Corrina, dressed in a pink tutu, took to the courtroom like a massive play area. She batted at the heart-shaped balloons, smiled at reporters, enjoyed bites of cake, and hugged her mom when it all got to be too much.

When the ceremony was over, Richard Federico, a judicial marshall walked through the court room, taking in the happy faces and tutu-clad toddler.

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“This is probably the best thing to happen here,” he said.



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