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Filtering by entity: New England | Clear Filter
Summary:Governor Kathy Hochul is allegedly causing out-of-control energy prices, which are expected to triple due to a failure to build pipelines in Upstate and Long Island, leading to anger from Connecticut and New England. Hochul's congestion pricing in New York City is harming the city's economy, making Manhattan a 'ghost town.' The post indicates the federal government will intervene, with Transportation Secretary Sean Duffy being asked to examine terminating New York City Congestion Pricing, as the entire state is purportedly in decline.
Sentiment:Critical and Interventionist
Key Claims:
- Governor Kathy Hochul is killing the entire New York region with out-of-control energy prices.
- Energy prices are expected to triple.
- Hochul failed to build an Upstate and a Long Island pipeline.
- Connecticut and New England are angry at Governor Hochul.
- New York City is harmed by Hochul's congestion pricing.
- Congestion pricing forces people to pay a fortune to enter Manhattan.
- Manhattan has become a 'ghost town' because people avoid it due to congestion pricing.
- The entire State of New York is 'going to hell'.
- Transportation Secretary Sean Duffy will be asked to review terminating New York City Congestion Pricing.
- The Federal Government will get involved in New York's issues.
Potential Market Impact (S&P 500):3/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:2/10
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