Saturday, June 14, 2008

I'll say it again...We Need More Competition!!!

It's time to rethink IRAC... Sobey's, Loblaw's, Canadian Tire, Wal-Mart, etc...all have gas bars in other markets but they can't get through the "red tape" and "bullshit" of IRAC and allow some competition into PEI's marketplace...It's time for the Government to step in and relax the regulations...that's how you get lower prices, more jobs, and better service. It cost Islanders millions of dollars to run IRAC and our Island industries such as farming, fishing and tourism could make better use of this money. The Government originally put these restrictive measures in place to prevent large corporations from setting up on PEI and driving the small rural operators out of business. Guess what, it didn't work as most rural stations closed down anyway so why not toss out these "silly" rules that prevent some more competition?
Gas prices set to jump 6.3 cents
WAYNE THIBODEAU The Guardian
Island motorists should brace themselves for record-breaking gas prices this weekend.The Guardian has learned gas prices will increase 6.3 cents per litre overnight, pushing the price at the pumps to $1.40 to $1.43 per litre - the highest ever in P.E.I.An official announcement is expected today. Islanders will also pay more to heat their homes. Furnace and stove oil is expected to increase seven cents per litre. Diesel prices will increase 4.5 cents per litre. The new prices will come into effect at midnight. Gas prices peaked at $1.36 per litre in September 2005.That’s when Hurricane Katrina caused extensive damage to the North American oil production system. Gasbuddy.com reports the average price for gas in Canada Friday was $1.38 per litre. In P.E.I., before today’s expected price increase, the average price was $1.31 per litre. Gas prices set to jump 6.3 cents WAYNE THIBODEAU The GuardianIsland motorists should brace themselves for record-breaking gas prices this weekend.The Guardian has learned gas prices will increase 6.3 cents per litre overnight, pushing the price at the pumps to $1.40 to $1.43 per litre — the highest ever in P.E.I.An official announcement is expected today.Islanders will also pay more to heat their homes. Furnace and stove oil is expected to increase seven cents per litre.Diesel prices will increase 4.5 cents per litre. The new prices will come into effect at midnight.Gas prices peaked at $1.36 per litre in September 2005.That’s when Hurricane Katrina caused extensive damage to the North American oil production system.Gasbuddy.com reports the average price for gas in Canada Friday was $1.38 per litre. In P.E.I., before today’s expected price increase, the average price was $1.31 per litre.

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