Montreal gas prices spike in aftermath of Hurricane Harvey
A litre of regular gas will set you back around $1.27, up more than 10 cents from yesterday
Hope you filled up last night — gas prices in the Montreal area are on their way up, if they haven't increased where you are already.
Some gas stations on and off the island are selling a litre of regular gas for $1.26.9, up more than 10 cents from the price yesterday.
Industry experts warned the hike was coming, brought on by the aftermath of Hurricane Harvey.
The storm has affected millions barrels per day of refining capacity in the United States, affecting the ability to export gas and diesel to countries such as Canada.
That production shutdown is the reason behind the increase, explained Dan McTeague, senior petroleum analyst with price comparing website GasBuddy.com.
"Hurricane Harvey's associated flooding and longer than expected stall over the Texas refinery row is likely to see steep price hikes at the pumps across North America for the next few weeks," he said.
Harvey made landfall in Texas Friday, battering the southeast part of that state and breaking the record for the greatest amount of rain ever in any storm, anywhere, in the continental United States, dumping just over 125 centimetres (more than four feet) of water.
The storm made landfall in western Louisiana early Wednesday.
Forecasters say another 13 to 25 centimetres of rain could fall there.
With files from The Associated Press