The Editor speaks: OfReg? No. Just off the reg and find the pump
The Utilities Regulation and
Competition Office known as OfReg is the most incompetent and useless
body ever dreamt up by any government.
One of its main duties is to monitor
the prices of fuel. It monitors them alright and give the nod to let
the two fuel companies here that have a monopoly and a licence to
charge what they feel like. A licence to print money at our expense.
It was disclosed by Opposition Leader,
Ezzard Miller, at last Friday's Finance Committee hearing that
OfReg has recently launched a study to
see what colours the territory’s fuel pumps should be!
Have you heard anything so ridiculous?
Especially so when OfReg requested
another $1.3 million in supplementary spending!!
What on earth do they spend it on?
Salaries mainly to Uncle Tom Cobbley
and all. Who do nothing but attend a few meetings.
MLA Chris Saunders said it well saying,
“If we’re paying for something with the objective of lowering
costs, and the costs aren’t going down, it means in essence that
we’re paying for nothing. The real question, then is, what’s the
use? At this point, we should look at closing it down – barring the
quality inspections.”
East End MLA, Arden McLean also echoed
the call for OfReg to be closed down.
Premier Alden McLaughlin called it
“teething issues”. Teething? It's been a damned great infectious
toothache!
Since being consolidated into the
bucket without a bottom in January 2017, OfReg managed to run up a
$1.5 million operating deficit in 2017. It has spent millions of
dollars on travel expenses and consultancy fees and nobody has been
held accountable.
Asked what OfReg’s strategy towards
fuel costs is the Finance Committee was told it was to allow the
market competition determine the prices. As there are only two fuel
companies it doesn't take a rocket scientist to work out that that
might allow for a private arrangement. Unfortunately, no rocket
scientist was found to advise OfReg of that possibility and it has
been left to the garages that dispense the fuel themselves to
compete. They start with the price set by the two operators.
OfReg comes to the table with their
begging bowl asking for their subsidy from the money tree and they
get it, with no promises of dismissals, no new plan of action, no
changes to what is failing, etc. Just the premier telling the
Committee there was going to be a new CEO, who should be given a
chance to assess OfReg’s operations him - or herself before the
regulator completely changes its strategy towards the fuels sector.
Him or her? That's not encouraging
either. Obviously no super powered executive with years of
experience, can drive on electric power and not gas, has been
earmarked.
No time given when this CEO is going to
chage the direction of begging bowls every three months or so.
It was a close thing on paper whether
the funds would be handed out. A tie. With the casting vote the
government's financial minister and finance Committee chair Roy
McTaggart voted in favour of the spending.
How long we will wait for the study to
be ready for the difficult job of deciding what colours the
territory’s fuel pumps should be? That depends on the committee
that was set up to investigate. And the salaries paid to all the
members of this committee.
Then there is the nozzles to consider
as well as the handles.
I am sure every single petrol station
has been asked to take part in the study. I think it should be
extended to all the motoring public that fills their vehicles up at
the pump. We could even make a game of it.
Find the right pump.
Published April 9, 2019
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