Editor:
Is it me or is there something wrong with the way gas prices are controlled and set in this town and this country.
The governments, both federally and provincially, do nothing to control it because of the money they gain from the taxes they imposed.
It never fails to amaze me that the gas stations can raise prices by eight to 10 cents a litre on a whim, but when oil prices drop, the drop we see at the pumps is only two cents a litre.
It also never fails to amaze me that increases happen on speculation but drops must wait for the price of a barrel of oil to actually drop and don’t show up until weeks after that because “the gas in their holding tanks was purchased at the higher rate.”
Why doesn’t it work that way when the gas in the tanks was purchased at a lower rate?
Gas stations also claim there is no collusion, but why is it that their prices are always exactly the same and rise at the same time?
I say shame on the oil companies for their greed and shame on the politicians for not regulating prices like they do in so many other ways. Isn’t it also curious how Petro Can is usually the first to raise their prices and the last to lower them.
Another way that our federal government is looking after us?!
William Ottenbreit
Quesnel