Blame Mulroney and subsequent governments for high gas prices
Canadian Action Party || October 23, 2005
Why you should be angry when you fill up your gas tank or pay your heating bill these days!
Letter to Editor:
I wonder how many Canadians think of the five letter acronym “CUSTA” (FTA)when they fill up their gas tank or pay their heating bill these days? CUSTA stands for Canada - U.S. Free Trade Agreement. Concluded in 1989 under the stewardship of the Mulroney Progresive Conservative federal government, CUSTA provides that oil companies operating in Canada, both foreign and domestic, could no longer charge more for oil and natural gas exported to the United States than they charged Canadian citizens.
This agreement effectively blocked any effort by Canadian governments to pursue a “made in Canada” gasoline and natural gas price for Canadians. To the best of my knowledge, no other oil producing country in the world has given up these rights. When CUSTA was expanded into NAFTA (North American Free Trade Agreement), Mexico refused to agree to give up its right to a domestic energy price.
Article Posted at www.KnowledgeDrivenRevolution.com
To add insult to injury, CUSTA provides that oil companies operating in Canada are compelled to continue to export an equal proportion of our energy resources to the U.S. even if there is a shortage to supply Canadians!
I believe Canadians have every right to cuss the CUSTA, and demand that the federal government abrogate it by taking advantage of the withdrawal provision in the Agreement. Then we would be free to establish a “made in Canada” price for our energy resources.
About KDR | | Home | | Weekly Features Archive
|