Hurricane Harvey hits Ottawa gas pumps, and prices could go higher

Javier Stokes
September 2, 2017

This is amid reports of shortages due to extensive flooding in Texas and other states along the U.S. Gulf Coast.

Meanwhile in Montreal, the price is expected to peak at as much as $1.42 per litre at some point over the Labour Day long weekend.

The hefty jump is likely the result of the devastation left behind by Hurricane Harvey in the southern United States, where several oil refineries were forced to shut down while waiting out the deadly storm. "With winter coming, winter gas is cheaper, so we should see prices go down a bit, at least back to what people are more used to".

Gasbuddy.com reported a two-cent hike in the average Canadian price on Friday to nearly $1.18 per litre.

On Monday, the average price on the island was $1.16.

GasBuddy.com's senior petroleum analyst Dan McTeague issued a warning to drivers on Friday afternoon, noting the hike is on top of the five cent increase we're seeing today.

National Football League cancels Dallas Cowboys-Houston Texans preseason game
All tickets would cost $25, and all proceeds would be donated to the United Way of Greater Houston Relief Fund. In the time since, the Texans have opted for an opportunity to return home to their families and community.

For the second time in a week, gas prices in Regina have spiked.

TD Securities analyst Bart Melek said in a note Friday he expects crude oil prices to strengthen to above US$50 per barrel before the end of September as Houston refineries, ocean import facilities and pipelines gradually return to normal operations.

"Increases should start to slow next week sometime, maybe midweek", he said.

Prices at the pump have hit a high for the year for the United States.

It could always be worse, however - McTeague said prices rose in Ontario and Quebec by 20 cents a litre across the board. "Yeah, so here, they don't have it either", Beasley said.

Canadian gasoline prices vary substantially by region and city, with Alberta, Saskatchewan, Manitoba, and most of the Atlantic provinces below the national average.

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