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ISLAMABAD:The Oil and Gas Regulatory Authority (Ogra) strongly opposes the proposed deregulation of profit margins of oil marketing companies (OMCs) and petroleum dealers, fearing that the move will encourage oil majors to form a cartel and make millions of rupees extra from the consumers, say of nb ficials.Ogra - the industry regulator - wanted the government to continue the existing mechanism established to set profit margins of OMCs and de newbalance 550 alers based on the Consumer Price Index (CPI), they said.Petrol and diesel are the two most widely used petroleum products and it is feared if OMCs and dealers are given a free hand, they will join hands to extract extra money from the consumers by setting higher margins.Officials pointed out that because of an increase in the consumption of petroleum products, OMCs and dealers were already mak stanley products ing hefty profits and the deregulation of margins would give them a sudden windfall.The deregulation debate erupted after the Ministry of Petroleum and Natural R AAIPharma Services Corp. and Cambridge Major Laboratories, Inc. have announced the resignation of Patrick Walsh as Chief Executive Officer together with the appointment of interim CEO, Susan Nestegard.鈥淣ow that the initial foundation, leadership team and process initiatives have been identified, it is time for me to step down,鈥?stated Patrick Walsh. 鈥淥ver the last 6 months, I was asked to shepherd the two organizations through the first phase of the integration process,鈥?added Mr. Wals nike dunk low h.Mr. Walsh joined AAIPharma Services Corp. in 2010 as Chief Executive Officer. Since that time, he has led the organization through a number of successful transformational changes, including the 2013 transaction with American Capital, Ltd.鈥淥n behalf of the Board and the employees, I want to thank Pat for hi nike jordan damen s contribution to the development and growth of our Company, and we wish him well in his new endeavors,鈥?commented Ms. Nestegard.A current member of the Companies鈥?Boards of Dir nike dunks low ectors, Ms. Nestegard br