Financial Post, July 25, 2011

The biggest bet in the oil market has become a 20 percent increase to $120 by the end of the year as global growth drives demand for raw materials.

Traders anticipate this year’s gains will exceed forecasts of the most accurate strategists as economic expansion in emerging markets outweighs the debt crisis in Europe, slowing U.S. growth and efforts by Saudi Arabia and the International Energy Agency to curb prices.

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For eight years, billions of your energy dollars have been thrown away through mismanagement and expensive experiments. The result? Skyrocketing rates are making it harder and harder for families to pay their hydro bills and harder and harder for our economy to grow.

The PC Party recently released Changebook; their vision for the next election platform.

Read More on the proposed energy changes in Ontario.

January 19, 2011
InsideHamilton

Ontario PC Party Leader Tim Hudak promised an energy policy that puts consumers first during a pit stop in Oakville on Monday.

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November 8, 2010
The Financial Post

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November 3, 2010
The Windsor Star

In a recent speech to the Ontario Energy Association, Ontario Progressive Conservative Party Leader Tim Hudak stated that “(we) cannot continue to pursue green energy policies that unnecessarily drive up the cost for consumers and have punitive results on our broader economy.”

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October 25, 2010
Winnipeg Free Press

JEFF Rubin says he believes that regardless of the scientific debate about how much oil might be left in the ground, its price will continue to escalate — maybe even back to $100-plus per barrel level in a matter of weeks.

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September 13, 2010
The National Post

The world’s energy leaders, along with thousands of people working in the energy sector, are gathered in Montreal for the World Energy Congress, which runs to Sept. 16. The event is hosted by the London-based World Energy Council. Stephane Bertrand, executive director of the World Energy Congress Montreal 2010, answers some questions about the event and its goals:

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On June 17, 2010, Summitt Energy received from the Ontario Energy Board a notice of intention to issue an order for compliance under the Ontario Energy Board Act, 1998.  Summitt Energy will be responding to the notice received from the Ontario Energy Board within the 15 day timeframe prescribed by the Ontario Energy Board.  The notice relates to certain allegations of customers concerning the sales practices of five (5) of sales representatives of Summitt Energy.  The allegations made cover 28 incidents over the last three (3) years.   

 Summitt Energy does not condone the sales agent practices described in the Ontario Energy Board’s notice and is taking these customer allegations very seriously. Summitt Energy has already commenced a detailed review of each case cited in the notice in an effort to evaluate the merit of the allegations made.  In that regard, Summitt Energy has implemented the following  measures: 

 1) suspending the five (5) sales agents until a review of the allegations is completed,
 2) implementing a point of sale quality call with each of its new customers, and
 3) providing customers with a one page plain language disclosure document, which carefully explains that Summitt Energy  is not affiliated with any local utility or any governmental agency or body and outlines the main terms of the agreement.

 The goal of these measures is to ensure that Summitt Energy is compliant with all regulatory requirements, follows all the best practices of the energy marketing industry, and most importantly ensures that its customers are fully informed when making decisions regarding energy purchases. 

 Summitt Energy is based in Mississauga, Ontario and is licensed through the Ontario Energy Board as a natural gas marketer and electricity retailer.  It is committed to providing Ontario consumers with value added energy products that will assist them in budgeting their energy costs and addressing their home energy efficiency needs.