ADMS 1010 Week 8 Oil Fall 2011

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Unformatted text preview: under automoKve sector (compared with 5% prior) •  Imperial Oil is planning first Tar/Oil Sands development Fall 2011 Jim Love ADMS 1010 21 NaKonal Energy Program •  October 1980- newly re- elected Trudeau government introduces the NaKonal Energy Program –  –  –  –  Promotes energy conservaKon Sets prices Renegs on Alberta’s deal to rise towards world price Taxes to fund acquisiKons by Petro Canada •  Imperial Oil shelves Cold Lake (12 billion) – many other foreign companies react as well •  Many oil companies leave Alberta Fall 2011 Jim Love ADMS 1010 22 Change to PoliKcal Landscape •  In 1917 conscripKon was passed in Canada and the ConservaKves were virtually shut out of Quebec for over...
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This note was uploaded on 01/29/2014 for the course ADMS 1010 taught by Professor Jurkowski during the Fall '09 term at York University.

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