Mr. Speaker, there are a number of factors about which the member knows that lead to increased oil prices, including exceptionally frigid weather in North America and northern Europe, the uncertain situation in the Middle East, and the situation with the oil sector in South America.
We are very watchful of anti-competitive steps on the part of the oil industry, but the regulation of retail prices is a provincial responsibility as the member well knows. If he thinks prices should be regulated, that is where to look.