Gas prices in the Pembina Valley have surpassed $1/litre.

Gas prices in the Pembina Valley soared past $1/litre following Hurricane Harvey

The bump comes on the heels of Tropical Storm Harvey, formerly Hurricane Harvey, through Texas which is expected to have a ripple effect on our gas prices here in southern Manitoba.

"Potentially 20% of all US gas production is offline," said petroleum analyst Dan McTeague. "Shortages are going to start to appear."

Coupled with the summer coming to an end, McTeague expects the gas prices to jump.

"Safe bet that, as we head towards the weekend, gas stations will see more activity," McTeague warned. "You're going to see an increase...likely pushing us up to and likely well into the $1.05 range."

He doesn't expect it to stop there, saying this is likely not a one shot increase.

Because we don't know how long the flood will last in the south, McTeague doesn't expect the price to drop anytime soon.

"As long as [the flood is in effect], I don't see the gas prices situation changing much for the next while," he predicted.