Pipeline firms scramble to restore service after British Columbia floods, gas prices spike.

Pipeline firms scramble to restore service after British Columbia floods, gas prices spike.
Energy infrastructure companies were scrambling on Wednesday to restore pipelines in British Columbia that were shut down by catastrophic flooding, as natural gas prices in the region spiked higher and fears of gasoline shortages grew.
Next-day natural gas prices at the Northwest Sumas hub at the Washington-British Columbia border jumped about 38% on Wednesday to their highest since late October.
That was the biggest daily percentage gain at Sumas since February's freeze left millions without power in Texas.
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The Westcoast pipeline is the main conduit for deliveries to the area from northern British Columbia's gas-producing region.
Analysts said the severity of the impact would depend on the duration of the interruption.
"With the start of the winter heating season and higher demand, this is a bigger concern than it would have been in the summer," said Martin King, an analyst with RBN Energy.