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Editorial opinion... by editor Paul Boisvert

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Harvest is gearing up. That means big fuel bills.

 

Gas prices are up 20 per cent from June. Coincidence?

 

The Big Oil profits over the last three months doubled from this time last year to $13.3 billion. Most of it will go to American shareholders (dividends). No new jobs or any attempt to clean up abandoned wells.

 

It is time for a windfall profit tax. It doesn’t make sense when a politician like NDP leader Carla Beck calls for the government to reduce the gas tax in an attempt to lower gas prices for the taxpayers. The provincial government isn’t the problem. All that does is reduce government revenues. It doesn’t address the main cause that is price gouging by monopolies.

 

Big Oil is raking in billions from this (Iran) crisis. Our governments are gutless and abdicating their role as representatives of the public by not taxing those excessive profits. We give them the oil and gas then give them billions in subsidies and this is what they do in return.

 

Politicians aren’t there to protect Big Oil or other oligarch’s. Or maybe they’re lining their pockets?

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