I’m sure you’ve all seen some of the images and videos showing the devastation in Houston from the aftermath of Hurricane Harvey. I can’t even imagine this happening here in London or what I would do.
The impact for us is NOTHING compared to what those people are going through, but we will experience it this weekend. Gas prices are already on the rise and will continue to skyrocket this weekend. The average gas price in London is 120.9 cents per litre and that will climb over the weekend, likely settling in around 1.30.
In a story with AM980, Dan McTeague, senior Canadian petroleum analyst with GasBuddy gave this staggering statistic “Due to the damage from the flooding, about 31% of the total U.S gasoline production and diesel production has been sidelined.” Click here for the full news story!