Calming global uncertainty key to easing soaring gas prices, says natural resources minister
“I would say that that is a function of the uncertainty that has been generated by the terrible tragedy that we are seeing unfold in Ukraine,” saidguest host David Akin on Sunday. “Uncertainty around whether Russian oil and gas will continue to flow.
Wilkinson said ministers met two weeks ago through the International Energy Agency — a non-governmental organization that operates as part of the Organisation for Economic Co-operation and Development — to discuss ways to deal with the problem. Another meeting is scheduled for the week after next in Paris.
Wilkinson did not say whether the federal government was considering giving back any “windfall” profits from oil and gas producers to Canadians who are struggling with the increased costs of living.Story continues below advertisement “I recognize that this is a big challenge for many Canadians, and we need to figure out what the best way to actually address that is,” he said.Some of that might involve encouraging more people to switch to zero-emission vehicles and other forms of energy that aren’t as sensitive to price fluctuations as oil, Wilkinson said.
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