Thank you, Mr. Speaker. I have a return to an oral question asked by Mr. Lewis on June 25 regarding an update of review on fuel purchasing. 100/130 aviation fuel is sold to operators of piston driven aircraft. This fuel product is the only leaded product sold by the revolving fund and, from an environmental perspective, leaded products are not recommended. Consumption of this fuel has decreased dramatically in the last two years.
On May 22, 1992, the director of petroleum products wrote to all aviation companies that operate in the North, indicating the significant decline in sales of this fuel. He asked if it would be possible to phase out stocking this product over the next two years. He also indicated that because sales are down, some of the current inventory will "go off* specifications and may have to be written off. Two companies responded to the letter. Because of their concerns, this initiative has been deferred for the time being.
Sales will continue to be monitored over the next few years and other options to supplying and storing 100/130 will be explored over the coming fiscal year. Thank you, Mr. Speaker.