Dear Editor
Can someone explain to me why, on the one hand, the development of an LNG industry in B.C. is impeded by a supply glut – thereby depressing the price – of natural gas, while on the other hand Fortis B.C. has been given the go-ahead to increase the cost of supplying that very same gas to households by an average of $82 a year?
Isn’t that a direct contradiction of the so-called law of supply and demand?
Fortis B.C. says it’s a case of the industry cutting back production coupled with an increased demand for gas in North America. Doesn’t that constitute a manipulation of the market? If so, where is the oversight to protect the public?
Bill Brassington Sr., Burnaby
