14 Ferrave Review — Wednesday, November 27, 1991

Gasoline prices not fixed here,
federal investigator finds

There is no conspiracy among —

oil companies to gouge gasoline
consumers in Terrace and others
parts of the Northwest, a federal
official found in a brief report
issued Nov. 1.

Howard Weston, director of
‘investigation and research for
the federal Bureau of Competi-
tion Policy, started an investiga-
tion into the reasons for the
retail price difference between
the Northwest and the lower
mainland in July at the urging of
Skeena MP Jim Fulton.

Although Weston found no
evidence of any agreement
among major oil companies to

fix the price of gasoline, which ,

would have been a significant -
violation of the Competition Act,

he did express some concern

about the major companies’
potential to lessen competition to
some degree by controlling the
supply of gasoline from
refineries to independent gaso-
line dealers. His investigation
found that in Prince George,

major distribution for the north, ©

the average pump price at the
few independent outlets in the

Weston said gasoline prices in
greater Vancouver are some-
times substantially lower than
those in the Northwest mainly as
a result of greater competition,
gas price wars (which are more
frequent in urban areas than in
smaller communities) and
attempts by gasoline retailers in
the lower mainland to compete
with prices in the U.S.

Referring to a previous study
done on the Alberta and Ontario
gasoline markets, Weston con-

cluded that the petroleum indus-

try.as a whole shows little evi-
dence of windfall profits that

could have arisen through a
price fixing conspiracy. The
study, done this year, says net
return on investment for the
Canadian industry as a whole
was around three percent, mak-
ing it one of the least profitable
major industries in the country.

Although the price differential
on occasions has been as much
as 15 cents per litre, a check last
week showed that the average
price in greater Vancouver for a
litre of regular unleaded gas was
in the 58.6-59.9 cent range, an
amount that includes a three-cent
transit tax, while the price in
Terrace is averaging about 57.0.

IMPROVING
YOUR ODDS
AGAINST
| ciate | CANADA'S
rauesnoncr! #4 KILLER.

Maggie Park _
#209-4526 Park Ave.,
Terrace, B.C,

V8G LVI

638-1167

on Emerson

A thoughtful way to remember is with an In
Memoriam gift to the Heart and Stroke Founda-
tion of B.C. and Yukon. Please mail your donation
to the above address and include the name of the
deceased, your name and address, as well as the

hatever you wear
¢ clear with

VERYDAY IS
SHIRT LAUNDRY DAY

Men's or Ladies’ cotton or poly blend shirt

Richards

THE DRYCLEANER & SHIRT LAUNDRY
Swing in to our DRIVE THRU ©

’ Richards Cleaners
3223 Emerson St.
Terrace

8:00 a.m. to 6:00 p.m. — Monday to Friday
8:30 a.m. to 5:30 p.m. — Saturday

| Phone: 635-5119

city were .01 cents per litre less
than the price at major oil com-
pany outlets.

Mame and address of the next-of-kin for an
acknowledgement card.

a
i
a i _—
preetremerverrerenstetesenniprsintai

Thornhill Electric
3532 Old Lakelse Lake Dr.

SATELLITE TV Jane's Pet Gallery

Cancom/Valuevision authorized dealer Do and Cat Groomin
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Rasidential, Commercial and Industrial
Electronic Equipment

635-5134
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Carpentry — Renovations

**No Job too Small 7
Seniors Rates

‘Dogs, Cats, Horses and Wildlife

635-6552
638-8018

commercial wiring
Reg. #16984

JANE TURNER Riok MoCarron, owner/manager

4519 Lakelse, Terrace

NOW BOOKING
GREENING TOURS LTD.
CUSTOMIZED TOWN AND COUNTRY SCENIC TOURS

_ 2090 Churchill Drive, A.A. #4
Terrace British Columbia
Canada V8G 4V2

Beverley Greening, Owner
(604) 635-7868

Fax (604) 638-8991

4711-A Kelth Avo.

Auto Glass Specialists
ICBC claims handled promptly

638-1166

3514 King Ave.
Terrace, B.C,
V8G 423

Malcolm Simons

Ph. 635-7724

Wes “YOUR AUTHORIZED
L sc Coast . LENNOX DEALER”
andscaping Heating &

Air Conditioning

DESIGN — INSTALLATION eM NN .
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fire

5239 Keith Ave., Terrace

Sales and Service for

Motorcycles x Chainsaws
Snowmobiles « Marine Supplies

CARINE

Muffler Centre

ae TERRACE 4 EQUIPMENT (= “1yov' ses oes
£ SALES LTD. | . df not... tellus.

4918 Greig Ave.
Terrace, B.C, V8G 1N4

4441 Lakeise Ave., Terrace oor —_
j AON