Gasoline Prices

September 29, 2005 

Hon. Bill Blaikie (Elmwood-Transcona, NDP): Mr. Speaker, a study just released by the Canadian Centre for Policy Alternatives makes it clear that oil companies have raised gasoline prices away above what can be justified by the current price of crude oil. The study shows that Canadians should be paying several cents a litre less in the current circumstances, instead of being gouged at the pumps as is now the case.

The willingness of oil companies to profiteer from any and all situations would probably also apply to any tax relief on gas. They would just take up the slack and put it into their own pockets. That is why we would be better to have, as the NDP recommends, an energy pricing commission that would regulate the decisions of those who actually raise the prices in the first place.

Focusing on gas taxes is the approach of those who do not want to challenge the power of the multinational oil companies or those who do not want Canadians to be reminded of the fact that NAFTA curtails our ability to sell Canadians their own energy at a lower domestic price.

At the moment Canadians are paying the price of having a Liberal government and a Tory opposition that are both unwilling to tackle the real culprits.

( categories: Statements 2005 )