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Changes in Canadian energy demand, supply, and policies, 1974-1986

Journal Article · · Nat. Resour. J.; (United States)
OSTI ID:6605022
Two benchmark cases show that the very large drop in Canadian energy demand growth since 1973 is one-third due to a lower rate of economic growth and two-thirds to higher energy prices. The pattern of energy supply has been marked by a continued decline of production of low-cost conventional oil, increasing costs of synthetic alternatives, and continued expansion of the supply capacity of coal, natural gas, and electricity. Canada is likely to remain a modest net importer of crude oil, a substantial exporter of coal and natural gas, and an occasional exporter of electricity for the next decade. Competition for the economic rents from crude oil and natural gas dominate Canadian energy policies, which have moderated the speed of domestic energy price changes and succeeded in redistributing among regions the large windfall gains and losses. 27 references, 9 figures.
Research Organization:
Univ. of British Columbia, Vancouver
OSTI ID:
6605022
Journal Information:
Nat. Resour. J.; (United States), Journal Name: Nat. Resour. J.; (United States) Vol. 24:2; ISSN NRJOA
Country of Publication:
United States
Language:
English