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CEMA
In an article published in the New Haven Register on Feb. 20, CEMA President Chris Herb called on Amos Smith, the CEO of the Community Action Agency of New Haven, to resign. As reported previously, CAANH has been plagued with cash flow management problems, going into arrears by hundreds of thousands of dollars with fuel dealers participating in the Low Income Energy Assistance Program.
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CEMA
There will be a public hearing this Friday, March 2 at noon before the General Assembly's Finance Committee on revenue items in the governor's budget. This budget includes proposals to increase the gasoline excise tax by 7 cents/gallon over four years (from the current 25 cents/gall to 32 cents/gall). The bill also raises the cigarette excise tax by 25 cents per pack (230 mills/cigarette)
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CEMA
CEMA's Upgrade & Save Program finished another successful year. After our sub committee completes their review of last year, our 2018 program will begin soon at which point we'll send out renewal notices. If you still have dollars left over from 2017, however, you can still use them for new installs now, until the 2018 reallocation is made.
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CEMA
The gas utility tariffs for March 2018 are in. You can compare these rates to your own prices. Gas prices were mixed compared to last month, on average one cent higher than February (Eversource is up sharply by 11 cents, SCG & CNG are down 3-4 cents).
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CEMA
The winter of 2017-2018 presented some real challenges for many heating fuel marketers, especially at the turn of the new year. Due to the descent of a prolonged arctic air mass from the north pole, consumer consumption spiked. Commercial gas interruptible accounts switched to diesel fuel, soaking up millions of gallons of fuel. There were intermittent supply disruptions, especially on the propane side.
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NEFI via CEMA
President Trump is reportedly open to a U.S. Chamber of Commerce proposal that would increase motor fuels excise taxes by 25 cents-per-gallon (cpg). If enacted, the increase would raise federal taxes on gasoline and diesel fuel to 43.4 cpg and 49.4 cpg, respectively.
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NEFI via CEMA
In his second budget request to Congress, last week, President Trump reiterated his call for the termination of the federal Low Income Home Energy Assistance Program (LIHEAP). His request will once again fall on deaf ears in Congress, where the program enjoys broad bipartisan support.
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NACS Online via CEMA
Messages focusing on the attributes of a beverage can increase sales—but not always, according to two new pilot tests released today by NACS. NACS examined how messaging and assortment within cooler doors could encourage sales of healthy beverages in convenience stores. The pilot tests were developed in conjunction the Project on Nutrition and Wellness (PNW) and the Cornell Food and Brand Lab (CFBL).
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CEMA
Connecticut is not the only state where the legislature wants to put a tax on heating fuels. We learn from Mike Ferrante, CEO of the Massachusetts Energy Marketers Association, that he has been busy fighting off such taxes in our neighboring state. Congratulations, Michael!
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Federated Insurance via CEMA
One of our current employees is a lawful permanent resident and her permanent resident card expires on 2/22/2018 according to the I-9 that she completed when she was hired. My question is whether we, as her employer, can send her a reminder of this upcoming expiration date?
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CEMA
Upcoming CEMA and industry events:
- NACS Human Resources Forum — March 6-8, San Antonio, TX. More info here.
- PGANE Spring Meeting — March 21-22, Providence, RI. Registration info here
- CEMA Golf Outing — Monday, May 7, Lake of Isles Golf Club, Mashuntucket, Connecticut
- PMAA Washington Conference — May 16-18, Washington, D.C.
- Eastern Energy Expo — Sunday, May 20 to Wednesday, May 23, at Foxwoods Resort Casino, Mashuntucket, Connecticut. More info here.
- Southern New England Energy Conference — Monday, Sept. 24 – Tuesday, Sept. 25, Newport Marriott, Newport, Rhode Island. More info here.
CEMA
Stay competitive: Uncover more value in your benefits
Businesses are under more pressure than ever before to remain competitive and attract the right talent. With unemployment at recent record lows, you're competing with both big companies and small businesses for talented, skilled workers, whether it's drivers, technicians or back-office workers.
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Stamford Advocate
Tens of trucks, and hundreds more people, circled the city government center with horns blaring on Saturday to send a message to state legislators: no new taxes. The drivers — small-business owners from the Stamford area — wanted to show what they think about the state’s plan to rev up taxes on gasoline and tires and put tolls on the highways.
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The Connecticut Mirror
House Democratic leaders are preparing to enact legislation this spring to launch Connecticut's own legal sports betting industry. Their plan, though, is conditional upon an anticipated U.S. Supreme Court decision, which would have to green-light such activity.
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Bloomberg
Crude slipped after an industry report was said to show an increase in U.S. crude stockpiles. Futures in New York fell from the settlement Feb. 27 after the American Petroleum Institute was said to have reported U.S. crude stockpiles expanded by 933,000 barrels last week. If confirmed in a government tally scheduled to be released Feb. 28, inventories will have racked up increases in four of the past five weeks.
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WTIC-TV
A threat to become the "next school shooter" ended with a Vernon man facing charges. On Feb. 26, the FOX61 newsroom got an alarming email message from Oscar Rodriguez, 24, who made the startling claim. When police went to arrest him at his Prospect Street home, they said he tried to fill the home with natural gas. The apartment building was then evacuated without injury.
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The Wall Street Journal
Banks raised their forecasts for oil prices for the fifth month in a row in February, signaling continued confidence that prices will continue to recover as the global supply glut drains due to production cuts.
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The Connecticut Mirror
Jonathan Harris, who was executive director of the Connecticut Democratic Party during Gov. Dannel P. Malloy's re-election campaign in 2014 and then oversaw the Department of Consumer Protection for three years, has joined the evolving field of Democratic candidates for governor.
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Hartford Courant
William Raveis Jr. doesn't consider himself a political person. He said he hasn't been affiliated with a party in decades and has no plans to vote in the Republican primary for governor this August. But Raveis, whose name is synonymous with the Connecticut real estate market, is among a group of 11 current and former CEOs backing former U.S. Comptroller General Dave Walker for the state's top office.
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Greenwich Time
The decision from state Treasurer Denise Nappier to not seek another term may be the impetus Greenwich's John Blankley needs to make his own run for the office. Blankley, who just completed his tenure on the town's Board of Estimate and Taxation, formed an exploratory committee last year for a potential run for the treasurer's position.
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Branford Eagle
Adrian H. Bonenberger (pictured), a former infantry officer deployed twice to Afghanistan, whose backers are strong believers in the liberal Working Families Party (WFP), plans to challenge incumbent state Rep Lonnie Reed (D-Branford) in the November election. He informed Reed this morning that he plans to announce his candidacy for the Democratic nomination for Branford's 102nd District tonight
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The Connecticut Post
Democrat Phil Young scored a stunning upset on Tuesday in Stratford, defeating well-known Republican Bill Cabral by slightly more than 60 votes in a contest to fill the 120th House seat vacated by Mayor Laura Hoydick on Jan. 2. By winning, Young becomes the first Democrat in 44 years to represent Stratford’s 120th, which covers most of the North End. The unofficial tally was 1,615 for Young and 1,552 for Cabral.
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Daily Runctions
State Sen. Ted Kennedy, Jr. (D-Branford) has announced that he will not seek a third term, Daily Ructions can reveal. Kennedy, who disappointed many Democrats when he declined last year to run for governor, never seemed to enjoy the small stage of the Connecticut legislature. He is expected to continue his good works on behalf of the disabled, a family tradition.
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