Ontario gasoline prices projected to shoot up amid fallout from Harvey - News Summed Up

Ontario gasoline prices projected to shoot up amid fallout from Harvey


A tracker of gasoline prices predicts that parts of Ontario are in for an 'eye-popping' jump at the pump amid the impact of tropical storm Harvey on Houston and the U.S. oil infrastructure. Prices in Ontario's Golden Horseshoe region (Oshawa to St. Catharines) were already up by three cents a litre on Thursday. The pump price predictions come as the fallout continues from the devastating hit on the Houston area before Harvey moved to the Louisiana coast. Tweeted McTeague: "As I had been warning .... the closure of America's proverbial gasoline aortic artery — the Colonial Pipeline spells much higher prices." The impact of Harvey on gasoline supplies and prices also comes as Canada and the United States head into the Labour Day weekend, which usually means more people on the road.


Source: CBC News August 31, 2017 19:08 UTC



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