Mr. Speaker, I want to share with the member my concern that we have an industry literally busting at the seams with profits. The profits of the top six oil giants for the first six months of this year will apparently exceed $135 billion and yet the government is handing over billions of dollars in subsidies to this industry.
With the price of gas going up unbelievably fast, we have people in communities, such as seniors, who are trying to pay their fuel for the winter, truckers in the woods hauling logs are trying to pay for the gas to run their trucks, businesses are trying to pay the cost of energy, and we have industries in northern Ontario that are really dependent on energy.
When there is a problem with the price of oil we have the government throwing out some kind of a grant to people to cover the extra cost. That money goes directly into the bank accounts of the oil companies. All we are is a conduit for that to happen.
Is there a possibility that some government somewhere will begin to regulate this industry, to begin to take this industry in hand and say that this is an essential commodity for all of us, whether one is in business, in industry or just an ordinary person trying to heat one's home?
Is the Bloc in support of regulating the oil industry?