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Industry committee I'll send that this afternoon.
June 18th, 2007Committee meeting
Tony Macerollo
Industry committee In the black and white.
June 18th, 2007Committee meeting
Tony Macerollo
Industry committee The first comment I'll make and underscore was made by Ms. Savage from the independents the other day. She said that in fact, while the administrative treatment of the product on either side of the border is different, the product is not actually essentially that different. It's the administrative requirements that cause the difficulties in moving product across the border, but the product specs actually are not that different at all.
June 18th, 2007Committee meeting
Tony Macerollo
Industry committee We don't control, as I said to you earlier, Mr. McTeague. The market is North American. It's not uniquely Canadian. The price movements are going to follow very closely what happens at the New York Mercantile Exchange. There are going to be variations from market to market. There are going to be incremental costs that may be associated with transportation and otherwise.
June 18th, 2007Committee meeting
Tony Macerollo
Industry committee Thank you. Mr. Chair, members of Parliament, and Canadians who have access to this hearing, on behalf of the members of the Canadian Petroleum Products Institute, thank you for inviting me to better understand your preoccupations with our industry. I'll keep my comments brief so as to answer as many questions as possible.
June 18th, 2007Committee meeting
Tony Macerollo
Industry committee I'll turn to the first graph, which marks 2007 wholesale gasoline prices. In this particular case, we've tracked the price movements, from January through to June, at New York harbour, Montreal, Toronto, Calgary, and Vancouver. What you can see, or at least what this graph attempts to underscore, is that we operate in a North American market for gasoline products.
June 18th, 2007Committee meeting
Tony Macerollo