Mr. Speaker, I actually agree with the two points my colleague from the Conservative Party made. He said that there was something seriously wrong in the industry and I agree. That is why we have been calling for a watchdog, a petroleum prices review board, a monitoring agency to ensure that this kind of price gouging and profiteering in the industry is held in check. That is government responsibility. We have to have balance in the sector. We cannot simply have the law of the jungle where large oil companies are extremely profitable. They have had record profits because they are able to do whatever they want to manipulate pricing.
Those who set public policy have to be responsible and tell Canadians that these things will be monitored through a watchdog agency. Since he made the comment that there is something seriously wrong in the industry, I would hope he would agree with us and our caucus and push forward the idea of a watchdog. We have been pushing it for a couple of years. I hope this is the time where the rest of the House will listen and agree with that point.
I also agree with his second point that the Liberal government has done nothing to address the issue. It is just one of a whole series of issues where the Liberals have done nothing.
On the softwood lumber issue, which is near and dear to my heart because the British Columbia industry is bleeding $4 million a day in punitive tariffs, we have seen nothing but empty words and posturing from the government rather than taking the kinds of measures that should be taken. I agree with his two points and I hope he will join me and my colleagues in pushing for the watchdog, the petroleum prices monitoring agency, so this kind of thing cannot happen to Canadians again.