Published June 2008 | Version v1
Journal article

1973 : Trudeau tangles with Alberta

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Description

In 1973, the Canadian government took measures to place oil exports under federal control and placed a freeze on oil prices. Prime Minister Pierre Trudeau unveiled plans for a national energy policy that would dissolve the Borden policy which prevented western Canadian crude from accessing the Montreal refining market. Trudeau's policy would extend the oil price freeze and created a one-price national market for Canadian oil. Plans were also underway to create a national oil company that would stimulate exploration and exploitation of new energy resources. The Premier of Alberta was also implementing energy regulations at the same time, aimed at consolidating control of Alberta's own resources within the framework of the Constitution and preventing Ottawa from gaining full control of all of Alberta's energy resources. Other key events in 1973 were the introduction of Saskatchewan's Oil and Gas Conservation, Stabilization and Development Act which gave the province the right to take over the oil rights of all private companies in producing areas. The Polar Gas Project was created to conduct research into building a gas pipeline from the Arctic Islands, and a Canadian Arctic gas study revealed that the Mackenzie Pipeline could be delivering gas by 1977. 1 tab., 1 fig

Additional details

Publishing Information

Journal Title
Oilweek Magazine
Journal Volume
59
Journal Issue
6
Journal Page Range
p. 84
ISSN
1200-9059

Optional Information

Notes
Special issue: 60 years of Oilweek