A viable fishery (II)

The captain of the red-herring skiff strikes again. From a Rob Antle report in today's Telegram:

A study released by a regional think-tank this week on petroleum product regulation is flawed, the Newfoundland and Labrador government claims.

...

The hit to consumers totalled $65.2 million in Newfoundland and Labrador since the market was regulated in late 2001, AIMS claimed. But [Government Services Minister Kevin] O'Brien said the study doesn't give the "true picture" of regulation.

It only costs the province $500,000 a year to run the system regulating petroleum pricing, he noted — roughly 0.004 cents per litre.

Are red-herring futures RRSP-eligible investments?