After several months of stable oil priced, Maine energy officials say that the average price of heating oil has risen by 7 cents from lat weeks survey.The average price is now at $2.67, with the lowest price in southwestern Maine at $2.48 and the highest prices at $2.90 in eastern Maine.Energy Director John Kerry says cold weather in the United States, combined with strengthening economic indicators are placing upward pressure on oil prices.
An interstate exit ramp in Augusta was closed for most of Monday after a propane truck hit a patch of ice and rolled over.53-year-old Mark Doughty of Brewer was the driver of the truck owned by Maine Energy of Bangor.Augusta Fire Chief Roger Audette says crews had to extricate Doughty from the truck, which rolled onto its side at quarter to five Monday morning.Doughty was taken to a hospital with minor injuries.Audette says no propane leaked from the truck, but the exit was shut down until around four Monday afternoon, when the area had been cleared.
A 27-year-old Levant man was taken to the hospital after crashing his car on the interstate in Carmel Monday morning.Police say Adam Coltart was heading south on I-95 on his way to a funeral.They say he was going too fast and lost control.The vehicle flipped over, and ended up on the side of the road.Coltart was taken to Eastern Maine Medical Center.
A 2-Year-Old child was killed Monday morning after being hit by a car in the midcoast town of Bremen.Deputies with the Lincoln County Sheriff’s Department were called to a home on the Nobleboro Road just after 7:30.They say the child was struck by a vehicle operated by a family member.The toddler was taken to a local hospital and later died.The incident is still under investigation.
The United Way of Eastern Maine is making it a little easier for folks to help their neighbors in need.Beginning Tuesday and right through April, traveling shelves will be visiting businesses in Eastern Maine.It’s part of “The Pantry Project.”The shelves will go up at designated businesses for a month.Workers and customers place upon them non-perishable foods for the Good Shepard Food Bank.This month, the shelves can be found at the Bangor Y, Camden National Bank, Hollywood Slots, Sam’s Club and The United Way office in Bangor.
The calendar has been flipped from 2009 to 2010.That means W-2 forms and 1099’s will be showing up in your mailbox at the end of the month, and a trip to get your taxes done will soon follow.There are some changes you should be aware of as you get ready to file before that April 15th deadline, says Sean Thomas of Thomas Tax and Financial Services.”There’s a credit formerly known as the Hope Credit, which is an educational credit for post secondary education that has been modified in a very good way where some of the credit now may qualify as a refundable credit.””If you found yourself receiving unemployment, the first $2400 of your unemployment benefits are not taxable which is a wonderful thing to hear in this economy”The Government has also brought back the Residential Energy Credit, last seen in 2007, which is for improvements made to increase energy efficiency.”The difference is now they are taking thirty percent of the purchase rice and it’s up to a fifteen hundred dollar credit.”But the qualifications for energy efficiency has changed and to update those, Thomas suggests you check out www.irs.gov.There is a change that will catch some off guard.
Folks who’ve invested in Maine’s college savings plan received some disappointing news recently.The state will be cutting out its annual matching grant program.It’s a loss of up to 200 dollars per child each year for many who have the 5-29 accounts.Joy Hollowell tells us why the state is doing away with the money, and what that means for investors…=========It was an incentive for many Mainers to keep investing in the Next Gen college program.