The tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon. That’s not as much of a price hike as we could have seen.

Analyst Tom Kloza, with Oil Price Information Service based in Gaithersburg, Maryland, said that Michigan is among the states with gas prices most likely to be affected by the tariffs on Canada, but forecasts of 50-75 cents a gallon more were too high.

"The electricity price that every homeowner and business pays here in Massachusetts and New England is largely locked in over a multi-month time period, and so there's going to be a lag between when those tariffs go into effect, and a bill is paid," said Dan Dolan, the President of the New England Power Generators Association.