Discussion · Oral Questions
Steven MacKinnon Liberal
“Oil prices are up because of conflict in the Middle East, which took one fifth of the world's oil off the market. Meanwhile, Canada cut fuel taxes by 28 cents over the past year to lower prices.”
“Mr. Speaker, the Conservatives appear to have omitted the basic fact of why oil prices have spiked, and that is that we have a conflict in the Middle East, in Iran. The Strait of Hormuz is presently closed, taking 20% of global oil capacity off of the market. Canada, for its part, has reduced the price of fuel by reducing taxes by 28¢ over the last year.”
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Mr. Speaker, the Conservatives appear to have omitted the basic fact of why oil prices have spiked, and that is that we have a conflict in the Middle East, in Iran. The Strait of Hormuz is presently closed, taking 20% of global oil capacity off of the market. Canada, for its part, has reduced the price of fuel by reducing taxes by 28¢ over the last year.