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It was a joke. World events weren't controlling the price of gas, the manager of Mohawk was.
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A joke? Sounds like a market to me!!
Anyway, it cracks me up in the middle of right wing Alberta that people advocate government controls on gas prices. If this isn't the most ill-conceived, short-sighted and typically interventionist Liberal approach, I'm not sure what would be. In fact, when you get right down to it, the NEP was really just a regulated energy price policy for Canada that allowed the east to buy energy from the west at below market price, i.e. a regulated price.
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Natural Gas prices are regulated... perhaps its time for at least some sort of government organization mandated to prevent gouging and requiring gas stations and the companies that own them to substantiate their raising the rates, and the power to say no if the explanation is not acceptable. Not full regulation, cause I am opposed to it, just more of a watchdog.
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This is not really true. Natural gas prices are regulated in Alberta, but only to the extent that retail customers pay the flow-through of the market price plus a regulated profit margin. There is no regulation on the wholesale level - IIRC, there are a few gas traders around here who would be out of a job if natural gas was regulated.