Well, I suppose Martin's trying to do something, but why couldn't it have been long ago? It's not like this is the first time gas prices have skyrocketed. I hope it's not just "window dressing".
Paul Martin says crude oil prices will drop, gasoline prices must follow
at 19:41 on September 10, 2005, EST.
LES PERREAUX
TROIS-RIVIERES, Que. (CP) - Prime Minister Paul Martin put petroleum companies on notice Saturday, saying he will make sure the price of gasoline keeps pace as the cost of crude oil drops in the weeks ahead.
"The first thing we have to do is to make sure that in fact as oil prices come down, which I believe they are going to do, that it is immediately reflected in prices at the pump," Martin said at a meeting of young Quebec Liberals.
Martin did not say how he will make sure retailers drop gasoline prices as quickly as they rose but the federal cabinet is crafting a plan, according to Jacques Saada, the regional economic development minister for Quebec.
"The impact of the fluctuation of gas prices is considerable on our economy," Saada said. "It's our duty as a federal government to see what we can do."
It's a common complaint among consumers that the price of gasoline skyrockets immediately when crude oil spikes, but it takes much longer for the price to come back down when the price of crude falls.......
Complete story here.[/color]
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