Gas buyers gouged again

While the price ofoil has now dropped more than 20 per cent,the oil companies are “engineering” a stand-pat hold on retail prices.

To the editor:

While the price of a barrel of oil has now dropped more than 20 per cent, down to $83 a barrel from $107, the U.S oil companies in Canada are “engineering” a stand-pat hold on retail prices, and Canada’s Suncor Petrocan follows along.

In central B.C., the retail price has been held at $1.26 a litre for too many weeks as international prices plummeted.

Meanwhile, diesel prices were pushed higher than gasoline—so much for incentives to supply truckers and cars with the cheapest produced cost diesel fuel .

The gougers are allowed to continue to demand as much as they can get from the consumer while the federal government stands by and say: “It’s just the free enterprise competitive market at work.”

Dither, dither is more like it, as government helps their friends to “stick it” to the retail customers across the country.

 

John O. Powell,

Kelowna

Kelowna Capital News

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