Mr. Speaker, the creation of a petroleum monitoring agency is a recommendation that has come up repeatedly at the Standing Committee on Industry, Science and Technology. I referred to that in my speech.
Several aspects need to be considered when looking at fluctuating gas prices. Four parameters need to be examined. I believe that if Bill C-452 passed and were sent to committee for study, we could then have a closer look at the price of crude oil, the refiner's margin, taxes and the retailers' margin. Thus, we could better understand how the industry works. The committee might then conclude that a petroleum monitoring agency should be created.