Dumb!
Sunnoco, Petrocan and ESSO will suffer and their competitors will be happy to continue taking your money at $1.28 a litre.
Then you lose the health of ESSO, Petrocan and Sonoco and they combine to survive giving you one or two less competitors in the market.
Exactly how does that help?
Gas wars were successful back when there were many, many gasoline companies competing. Now there are about 6 in the nation and competition is much less severe. In point of fact, the remaining companies are all connected at the hip.
Hence, no more gas wars.