Canada's gas prices expected to soar

http://www.canada.com/vancouversun/news/story.html?id=6de62424-09e6-49c3-ba44-7d41f6f0edde

Gas prices were expected to jump as much as 13 cents a litre across Canada and parts of Metro Vancouver over the weekend as Hurricane Ike threatened to strike U.S. refineries along the Texas coast.

Drivers in some parts of the country, including Greater Victoria, already faced soaring gas prices Friday because of the storm. Gas prices at the pumps around Victoria leapt 13 cents to $1.52 a litre overnight Thursday from $1.38 -- the average price at the pumps for drivers in Metro Vancouver Friday.

In Metro, gas prices remained relatively steady, with the highest prices at $143.9 a litre at a Coquitlam Shell station in Coquitlam, followed by $1.42 a litre at six stations across North Vancouver, according to Gasbuddy.com.

Hurricane Ike made a splash on the Texas coast Friday night, forcing closure of oil refineries in its expected path. The closures could raise gas prices across Canada by as much as 13 cents per litre.

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Surprised to hear prices jumping so far away. Guess we'll can expect the same all over the US.

effect that will have on the US?