$2 PER LITRE FOR GASOLINE IS COMING- And EXPERTS SAY THERE'S LITTLE RELIEF IN SIGHT

By Chandrayee Roy Choudhury, Canada: The price to fill up a tank of gasoline has never been higher in Canada, and experts say there's little reason to expect relief any time soon.

The price of a litre of gasoline at the retail level has hit record highs in many Canadian markets this week, with prices under $1.50 per litre becoming harder to find even in oil-rich Alberta. Meanwhile some drivers in British Columbia and Newfoundland and Labrador are contemplating the eye-watering figure of more than $2 per litre for the first time.

Dan McTeague, president of Canadians For Affordable Energy, says the average price of a litre of gasoline in Canada's biggest market, the Greater Toronto Area, hit $1.67 per litre on Wednesday, the highest level it's ever been. And he expects even more to come.