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The National Energy Program (French: Programme énergétique national, NEP) was an energy policy of the Canadian federal government from 1980 to 1985. The economically nationalist policy sought to secure Canadian energy independence, though was strongly opposed by the private sector and the oil-producing Western Canadian provinces, most notably Alberta.
In Canada’s oil-rich province of Alberta, there is a deep sense of unease over President-elect Donald Trump's threat to impose a 25% tariff on Canadian goods. Canadian politicians and energy ...
The aim of the National Oil Policy was to promote the Alberta oil industry by securing for it a protected share of the domestic market. Under the policy, Canada was divided into two oil markets. The market east of the Ottawa Valley (the Borden Line) would use imported oil, while west of the Borden Line, consumers would use the more expensive ...
Since it is Canada's largest oil producing province, Alberta is the hub of Canadian crude oil pipeline systems. About 415,000 kilometres (258,000 mi) of Canada’s oil and gas pipelines operate solely within Alberta’s boundaries and fall under the jurisdiction of the Alberta Energy Regulator.
In Alberta, the industry’s mark on the landscape is profound: over an area larger than New York City, oil companies have carved chunks of earth into open-pit mines plunging hundreds of feet deep ...
Husky Energy incorporated in Canada after splitting off from American counterpart February 23, 1953 Pembina No. 1 is drilled marking the first use of hydraulic fracturing in Alberta. [16] October 17, 1953 Trans Mountain Pipeline enters use as the first pipeline to carry Alberta oil to the Pacific. [3] [17] November 1959 National Energy Board ...
(Reuters) -Canada will fund an Indigenous-led study into how oil sands development impacts the health of local communities, the government said on Wednesday, following a tailings water leak from ...
Pierre Trudeau responded to the embargo by imposing an oil export tax, forcing Alberta into giving a discounted price to the rest of the country at Alberta's expense. By 1975, the world price of oil had ballooned nearly 300%, to $12 a barrel, [70] but central Canada was buying Alberta