02 September, 2017
That will bring the price up to 132.9 cents a litre, just as families hit the road for the long weekend.
Although Canadian refineries arent directly impacted by the storm, they dont have enough capacity to meet all the needs, he said.
Analysts expect a hike of around 5 cents by Friday evening, followed by a further jump of 9 cents on Saturday.
Analysts say average gasoline prices across Canada will continue to rise this weekend after jumping nearly eight cents per litre since hurricane Harvey roared ashore in Texas last Friday.
"There was a five-cent jump at the pumps in Ontario today", said Dan McTeague, a senior petroleum analyst for Gasbuddy.com, on Friday.
This is amid reports of shortages due to extensive flooding in Texas and other states along the U.S. Gulf Coast.
McTeague said service stations in Montreal could take advantage of higher wholesale prices to raise prices and increase profit margins.
Transgenders can stay in United States military for now: Mattis
Trump's order has also resulted in several lawsuits filed on behalf of current and future USA military soldiers. The BBC said the measure could affect between 4,000 and 10,000 active-duty and reserve service members.
Google Announces Three Assistant-Compatible Third-Party Speakers
Google announced that it's dramatically expanding the number of places its virtual assistant is available. There are two 20mm soft-dome tweeters placed at 45 degrees, which gives a full 180-degree sound field.
Trump battle for wall money squeezed by deadline for debt limit
The government spends more money than it brings in through revenue, and it borrows money to cover the difference by issuing debt. White House spokesman Sarah Huckabee Sanders insisted Thursday that the president's relationships with GOP leaders "are fine".
On Monday, the average price on the island was $1.16.
"The refineries are actually built to withstand a hurricane", he said.
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.
Compared to Thursday, the commodity price has already jumped more than six cents a litre in NY, meaning the increase in New Brunswick is likely to happen tonight.
And a potential increase for Sunday, McTeague added.
McKnight said he thinks gasoline prices will drop back by two or three cents per litre next week throughout Canada.