Canadian Public Policy · 1981 · 18 citations · 0 references
Natural ResourcesEconomicsNatural Resource EconomicsEnergy EconomicsEnergy PolicyEnvironmental EconomicsEnergy Policy AnalysisEnergy PoliticsEnergy PricingEnergy SecurityEnergy TariffsOil EconomicsDemand-side EconomicsEnergy Pricing PolicyFederal-provincial Conflict ResolutionNational Energy AccountsOil PricesOil Production EconomicsPublic Revenue SharingRevenue Distribution Models
The National Energy Program has become the focal point of the federal-provincial conflict over energy pricing and revenue sharing. The paper uses a regionally-based model of the Canadian energy system to calculate the effects of the NEP on revenue distribution and on net oil imports. The budget plus the Alberta production cutbacks is shown to be inferior to the budget, especially for Albertans, and much inferior to a compromise that raises oil prices by an additional $2 per barrel in 1981, 1982, and 1983.