Quote:
Originally Posted by WarrenC12
Who else would be to blame?
Who is making that extra 13 cents?
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Notice how the BCUC is admitting that there's no evidence that gas companies are massively profiting over the situation; at best, they can say the
potential is there, but there's no evidence that they actually are.
The press release shouldn’t have to say “potentially” after an inquiry. Wasn’t the inquiry supposed to determine if they were colluding to reap windfall profits?
Hint: they weren’t. No evidence of collusion. They can’t even tell if they made more money when the price was up. They have to use “potentially” in terms of profits in their press release because they don’t know how much of (if any) of that 13 cents per litre actually went to oil companies, and thus had to hedge their bets even though the evidence and the odds of the situation are non-existent.
The best they can spin this is *maybe* some of that small proportion did. That’s it.
You will also note from that press release that BC government was and continues to be concerned with the flow of refined fuels coming down Trans Mountain; this is the real problem here.
The report goes into great length about how the bottleneck is the real issue, and that any arguments made by any interveners that pipeline capacity isn't an issue is systematically destroyed, with their arguments assigned no value; you think any rational government will look at the problem and realize that opposing expansion of a piece of infrastructure that's the cause of a massive bottleneck, costing the government and it's citizens millions of dollars annually is extremely bad public policy. And yet they are.
