Government Intervention and Oil Prices
A review of the necessity of the Canadian government to lower oil and gas prices.
# 90812 | 675 words | 2 sources | 2006 |
Published on Dec 01, 2006 in Canadian Studies (Government and Government Policy) , Canadian Studies (Economics and Finance) , Canadian Studies (Natural Resources) , Canadian Studies (General)
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The paper presents a government intervention program for lowering Canadian prices in relation to oil and gas. The approach this paper takes is to lower federal taxes for a direct and immediate impact. Although there are follow-on effects that will have to account for the lost revenues, this approach will lower prices during the summer driving season, which is the goal of this intervention.
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