Gasoline Retailers React To Government Decision
The
all party Government Legislative Review Committee established to review
Petroleum Product Pricing in Nova Scotia has reported on its findings
and has made recommendations. Based upon the evidence presented, the
select committee had two major recommendations.
- Functional
divorcement: whereby prohibiting major oil companies from participating
in the retail industry as well as all other levels in the pipeline.
This proposal was rejected by the Provincial Government.
- Return
to a system of price regulation similar to the model in place in Prince
Edward Island. This recommendation meets the needs of the motoring
public, persons disabled, seniors, and independent retail gasoline
dealers.
On
November 3, over sixty independent gasoline retailers met to review and
analysis the impact of the recommendations. A report was then prepared
and sent to Service Nova Scotia and Municipal Relations, Minister Barry
Barnet. Retailers are counting on Government to implement the
recommendations. Stay Tuned! |
