Mr. Speaker, as I listened to some of the members speaking this morning there has been a consistent theme with respect to the issue of supply and demand, and the rather wholesale assailment on the virtues of profit.
On the issue of supply and demand, we all know that the price of gasoline is, for the most part, governed by the commodity trading of oil, which is a world commodity and impacted by numerous world events and pressures. It seems to me that, while we need to be concerned about that and its impact on our economy, there is also a tremendous risk in bringing some interventions to bear to somewhat control that. There is a volume of information that suggests this creates other impacts that could prove to be very much a disadvantage to the economy.
I wonder if the member opposite could perhaps expand on this theme. Has he considered what the downside of this type of regulation might be on the price of gasoline?