Toronto gas prices expected to hit $1.32 on weekend
02 September, 2017, 01:22 | Author: Franklin Nunez
Average Canadian gasoline prices are set to soar this weekend after already jumping almost 10 cents per litre since Hurricane Harvey roared ashore in Texas a week ago.
A number of refineries in the path of hurricane Harvey have been forced to temporarily shutter their operations because of flooding and damage concerns and today there was more bad news.
By the end of day, that's exactly what happened, at least in Sudbury, with prices reaching $1.28.9 litre at many stations in the city.
Also, if Canada's gas prices stay low, the Americans can come scoop up the supply, driving up the prices. "Arizona is faring well compared to the rest of the country". "To put that into perspective, that's about 10 to 20 per cent more than all the gas needs in Canada". Sherbrooke, amounted to $ 1.21, while the price of the Saguenay has climbed to $ 1.22 and at $ 1.24 in Rimouski.
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But the State Department warned: "The United States is prepared to take further action as necessary and as warranted". It was a "professional" call in which both sides reiterated a desire to improve relations between the two countries.
The near future looks better here, too.
That will bring the price up to 132.9 cents a litre, just as families hit the road for the long weekend.
The Eastern Canadian price hike can be read as a "shot across the bow" to signal that refineries in Ontario and Quebec don't have excess product to sell into the US market, Mr. McTeague said.
Harvey's effect on Texas refineries is expected to ease in coming days, once the flooding subsides and workers return. That is still unknown, Donati said, pointing out that "early reports indicate minimal damage".
"I think about three weeks is a good estimate, until then I don't see the prices dropping", he said.
AAA is saying gas prices will continue to climb five to 15 cents, with Arizona being on the small side.
One reason: Gas inventories are at relatively historic highs, and there are big reserves of crude oil on hand as well.
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And now he doesn't have to worry about the soaring stock price, which has added another 29 percent in the wake of the Gilead news. Roth Capital reissued a buy rating and issued a $93.00 target price on shares of Kite Pharma in a report on Tuesday, July 4th.
The 22-year-old began his professional career in his native Belgium, where he played for White Star Brussels and Zulte-Waregem. Llorente, 32, scored 15 times for Swansea since moving from Sevilla in 2016, and has previously worked with Conte at Juventus.
Anas Sarwar , the party's health spokesman and the former deputy leader, is the bookies' favourite, but has yet to show his hand. According to the Scottish Labour Party , he is an ex-Scottish TUC economist, and worked for the GMB union.
Gilead shares jumped 5.5 percent on Wednesday as Kite is widely seen as likely to receive the next US approval of a CAR-T therapy. Novartis is required to conduct followup study to assess the safety of the treatment long-term.
BNP Paribas Arbitrage, SA reduced its investment by selling 477 shares a decrease of 10.3% from 03/31/2017 to 06/30/2017. Teacher Retirement Sys Of Texas invested in 870,296 shares or 0.42% of the stock. (NYSE:FCX) has been trading recently.
He told the audience that the countries that have low business tax rates have an advantage over the United States. His big push is for cutting the US corporate tax rate, which he called "the highest in the world".
I wish I could answer your question, but it's not something I have visibility on in the role that I play in this organization . The amount of each tax deductible donation will appear on the customer's receipt as a contribution to the American Red Cross .
Trump gave Defense Secretary Jim Mattis authority to decide the matter of openly transgender individuals already serving. That current policy was implemented by former President Barack Obama previous year .
Meanwhile, BT Sport pundit James Horncastle says the signing of the 25-year-old seems like a panic buy by the London club. The 25-year-old was a regular in Torino's starting line-ups after arriving from Atalanta in July 2015.
Gear Fit2 Pro will begin shipping in the United States starting September 15 at a retail price of $199 (roughly Rs. 13,800). The Gear Sport touts a battery life of up to 4 days and it's available in a choice of blue or black in a 42.9 MM casing.
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Still, unless we hear conflicting reports from some other source, we should maybe consider this transfer on the shelf for now. Pochettino is an admirer of the Portugal global and the Telegraph claim Spurs are closing in on a loan move for Gomes.
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We look back at the day Britain stood still. "It's been an emotional couple of weeks, with all these programmes about Diana ". Footage from the visit shows pictures of the princess pinned to the gates, with a growing sea of flowers on the ground.
Harvey expected to impact holiday travelers
DeHaan said drivers can expect those prices to continue to tick upward the longer the refineries are out of service. At a Fort Worth Costco, customers were greeted with pre-hurricane prices, just a fraction over $2.06 per gallon.
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Over the last ten weeks, according to the API, crude oil inventories in the United States have shed more than 46 million barrels. Outside of the immediate impact from Harvey, last week saw another decline in USA exploration and production activity.
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Investment on nonresidential structures increased at a 6.2 percent pace, rather than the previously reported 4.9 percent rate. Other data on Wednesday showed private employers ramped up hiring in August, adding 237,000 jobs to their payrolls.