Mr. Speaker, it is good to be back in Ottawa working for my constituents in the riding of Bruce—Grey—Owen Sound.
Last Wednesday I along with the people in my riding watched prices go from an average of about $1.049 up to as high as $1.72 in about 12 hours and in less than 24 hours later it was back down to a range of 98¢ to $1.02 per litre, where it sits today. The fluctuation was in the range of somewhere near 70¢ per litre.
Would my colleague from British Columbia not call that price gouging in the worst possible way? It is the same thing when we come up with some suggestions about tax cutting. On the one hand my colleague over there seems to indicate that he would like to see something happen to help Canadians but when it comes to any tax cuts the government over there says that it cannot do that and that it will not even consider it. Those were the exact words, I believe, because the oil companies are just going to eat that all up.
Does my colleague not think that indicates that there is something seriously wrong within the industry? We talked about price gouging and I am going to ask the question. Our colleague talked about the NDP. It was gouging us back here for $4.6 billion in the spring. What kind of review or framework policy changes does my colleague think need to happen within the gas and oil industry to actually help the consumer and businessmen across the country?