U.S. gasoline prices fell on Monday as the nation's oil heartland continued to claw its way back from the devastation wrought by Storm Harvey, with shipping channels, pipelines and refineries restarting operations.
Port operations across the U.S. Gulf Coast oil and gas hub were resuming, although many still had restrictions on vessel draft, according to U.S. Coast Guard updates. Key fuel pipelines planned to restart as more of the oil refineries that feed them ramped up production.
Benchmark U.S. gasoline futures fell by more than 3 per cent, and retail prices edged up by only 1 cent a gallon on Monday, according to motorists advocacy group AAA, after climbing by more than 20 cents in the wake of Harvey, which was downgraded to a storm after making landfall as a hurricane.
Canadian motorists weren't seeing any immediate relief at the pumps on Monday.
According to GasBuddy.com, the average national price at 10:20 ET was $1.217 per litre, down slightly from Sunday's average price of $1.22 per litre. The price aggregator website said Monday's average is up 13.4 cent a litre from last week's average.
Additionally, average prices in some provinces, including British Columbia, Manitoba, Ontario and Quebec, were still higher on Monday than they were on Sunday.
Free market at its best.
But not in good old Canada.
See the price spiked last week because of Harvey almost immediately the call came in and every single gas station jumped the price In Canada. This matched the USA but on the down side no the prices can't go down since the gas in the stations tanks was bought at the higher amount.
something is wrong with Canadian prices big time. Big time bull shit.
Port operations across the U.S. Gulf Coast oil and gas hub were resuming, although many still had restrictions on vessel draft, according to U.S. Coast Guard updates. Key fuel pipelines planned to restart as more of the oil refineries that feed them ramped up production.
Benchmark U.S. gasoline futures fell by more than 3 per cent, and retail prices edged up by only 1 cent a gallon on Monday, according to motorists advocacy group AAA, after climbing by more than 20 cents in the wake of Harvey, which was downgraded to a storm after making landfall as a hurricane.
Canadian motorists weren't seeing any immediate relief at the pumps on Monday.
According to GasBuddy.com, the average national price at 10:20 ET was $1.217 per litre, down slightly from Sunday's average price of $1.22 per litre. The price aggregator website said Monday's average is up 13.4 cent a litre from last week's average.
Additionally, average prices in some provinces, including British Columbia, Manitoba, Ontario and Quebec, were still higher on Monday than they were on Sunday.
Free market at its best.
But not in good old Canada.
See the price spiked last week because of Harvey almost immediately the call came in and every single gas station jumped the price In Canada. This matched the USA but on the down side no the prices can't go down since the gas in the stations tanks was bought at the higher amount.
something is wrong with Canadian prices big time. Big time bull shit.
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