Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 31, 1981, Winnipeg, Manitoba Oil Price a political grenade who controls Money at heart of Otta Aalberta Lougheed last Hope Edmonton up and More important who controls lies it the heart of the Otta Aalberta Oil since the organization of Petroleum exporting coun tries started skyrocketing Oil prices in the Price of Oil has been a political hand grenade in Canada is both a producer and importer of because Western Canada pumps Oil and Eastern Canada has to get some of it from foreign Energy is a very political Black Gold Ottawa and the country biggest have been at loggerheads Over Energy pricing since 1973 the Federal ment mindful of the importance of Eastern Canadian votes and Edmonton looking at billions of dollars in reve Premier Peter Lougheed and Merv his Energy regard Oil As Al Bertas last and Best Hope of making Alberta into a prov Ince with an Economy that goes beyond the Export of unprocessed to lengthy Battle has seen Many initiatives fail Ottawa up major developments in the Long Battle Between Alberta and the Federal government Over Petroleum prices d 1979 a Young progressive conservative government announces Energy self sufficiency policy including Oil Price increase of annually to 1982 Dou ble current rate of d 14 prime minis Ter Clark and Premier Lougheed of Alberta reach no agreement on Oil prices in Saskatoon but later claim tentative agree 11 conservative budget includes 18centa gallon jump in gasoline prices with format of crude Oil Price d 13 government d 1980 liberals and Pierre Trudeau regain d july 2425 Trudeau and Lougheed reach no agree ment on d 1 Alberta ups crude Oil Price by a barrel to still less than half the world d 2 Energy minis ters Marc Lalonde and Merv Leitch of the Federal and Alberta governments but Alberta rejects offer of a barrel for Oil Sands Oil if Alberta accepts partial Price agreements else 28 new Liberal government budget raises crude Price 80 cents a barrel and proposes increases of in each of next three calculating new tax revenues from All Petroleum sources of billion in d March 1981 Alberta invokes first of three planned production cuts to protest Lack of Federal concessions on pricing a reduction of barrels daily from Alberta the fed eral government counters with a tax increase amount ing to half a cent a litre More for gasoline to pay for the increased imports it says now Are necessary because of Alberta May 13 Lalonde and Leitch meet in Winnipeg in the first of a new round of Price negotiations Little Progress is d june i second Alberta but of barrels daily takes place and conserva Tive Leader Clark says the Price of gasoline under the liberals now has risen 60 cents a gallon since Decem contrary to Liberal election other calculations indicate that at june prices had risen by at least cents a litre or cents a gallon since the 18 election of the All but one of seven Price increases were the exclusion the Al Berta Rise by j2 a barrel of Oil but the Oil companies had also been adding their own Djune ii Lalonde and Leitch have another go round at then at Toronto and at 25 Lalonde and Leitch Settle Down once More at Montreal with their experts and for what is seen As a Las ditch Effort to crack the Black Gold represents the Hope of the the province also sees Ottawa As lusting after re source something which Albert Only received in years after enter ing last during the celebrations of Albertas 75th Niv Ersary of Lougheed made a Point of highlighting the 50th anniversary of the province Ting its resource prime minister Trudeau and Federal Energy minister Marc Lalonde appear to see the problem in terms of eco to the fight Over Oil pricing is secondary to the problem of redistributing the National along with some of the premiers from importing they see the Energy fight As thing which will upset the economics of the sending billions to the West and beg Garing the populous Eastern the fight Over Energy began from two different Alberta fights for the High est Price it can to build its heritage savings Trust fund and give it economic the Federal worried about subsidizing the Cost of imported Oil for the has tried to keep the Domestic Price As Low As and grab a big tax bite As to help it finance its own programs and Shore up the poorer sides have argued the two sides have argued the question for eight taking different tacks As the economic and political winds but basically stick ing to their initial in recent the two have played hardball in be even while Leitch and Lalonde bickered at Var ious scattered meeting Ottawa has pushed its constitutional proposals and backed Ontario in its bid to win a share of resource revenues for Cial pro tit Alberta has slowed squeezing Oil output by barrels a Day and threatening to but another barrels to Roff Lwi it seems the two sides have measured each others Mettle and Are ready to they will each have had to Back Down front their Hartline Posi but the most important compromises May have 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