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- W27140908 abstract "At the start of the decade, the Canadian Petroleum Industry was poised for an expenditure and activity breakout to take Canada off the world oil market and make the country secure and self-sufficient in oil supplies by the time the 1990s roll around. Then, on October 28, 1980, the government of Canada unveiled its National Energy Program (NEP). Instead of clearing the tracks for growth, the NEP put the brakes on industry. Therefore, instead of setting drilling records, getting into high gear on the long-delayed oil sands Mega-Projects, and increasing exploration in the promising offshore areas, budgets are being cut by as much as 50%, major projects are being shelved, and an exodus of drilling rigs to the US is underway. Designed to deliver the election promises of the last federal compaign, the NEP is producing a crisis of confidence and shortages instead of progress toward self-sufficiency." @default.
- W27140908 created "2016-06-24" @default.
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- W27140908 date "1981-02-15" @default.
- W27140908 modified "2023-09-24" @default.
- W27140908 title "Canada: politics converts a boom to potential bust" @default.
- W27140908 hasPublicationYear "1981" @default.
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