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Macroeconomic Effects of Enhanced Oil and Gas Supplies

出版	Informetrica Limited, 1980
URL	http://books.google.com.hk/books?id=3_nujwEACAAJ&hl=&source=gbs_api

註釋"The attached report was prepared in support of Dome's 1980/81 submission to the NEB Inquiry on Energy Supply and Demand. The report is considered to be a first estimate of the long range macroeconomic effects of bringing on Frontier oil and gas supplies - it was not intended to be a definitive study - rather a first approximation ... A scenario (LOW SUPPLY Case) for the Canadian economy to the year 2000 is described, in which new domestic supplies of crude petroleum are limited to conventional areas and moderate tar sands development occurs. Then it is assumed that additional Frontier supplies of oil and gas are developed as a result of additional investments of $57 billion in 1980$ over the period 1982-1990. This development results in substantial oil and gas production from the frontier areas. The consequences for the economy are dramatic. When the changes are introduced and an ENHANCED SUPPLY Case is compared to the LOW SUPPLY Case it is found that Canada's net energy balance improves by $137 billion in 2000 and by over $1 trillion in the period 1981-2000. Real growth and employment are high throughout the period. Government balances are improved substantially, $132 billion in 2000 and $954 billion over 1981-2000. This enhanced fiscal position and improved current account balance provide an opportunity for even further improvements in the real incomes of all generations of Canadian. The indicated payoff suggests that the prime focus of Canadian (governments, industry, and individuals) should be to move vigorously towards the development of frontier resources of oil and gas"--ASTIS database.