TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

This largely reflects the significant price shocks hitting the Canadian economy during this period, particularly the marked rise in the world price of oil.  1, record 1, English, - price%20shock

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 CONT

Cette évolution est attribuable en grande partie aux importants chocs de prix qui ont frappé l’économie canadienne, en particulier la forte montée des cours mondiaux du pétrole.  1, record 1, French, - choc%20de%20prix

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

The price of crude oil is generally set by the world market based on supply and demand. As a result, when demand increases and stocks decrease, the price of crude oil increases, but many other factors can affect the price of crude oil, which is the main component in the gasoline pump price.  1, record 2, English, - price%20of%20crude%20oil

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

Le prix du pétrole brut est normalement fixé par le marché mondial, en fonction de l'offre et la demande. Ainsi, lorsque la demande augmente et que les stocks baissent, le prix du brut monte, mais bien d'autres facteurs peuvent influencer le prix du brut, lequel représente la principale composante du prix de l'essence à la pompe.  1, record 2, French, - prix%20du%20p%C3%A9trole%20brut

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

Country that exports or imports in insufficient quantities to influence market price and is obliged to sell its goods at the price set by major exporters.  3, record 3, English, - price%2Dtaker

Record number: 3, Textual support number: 1 CONT

Canada is a net exporter of crude oil and gasoline. According to the U. S. Energy Information Administration, Canada accounts for 3% of the world supply of oil. Canada is a price taker for crude oil and gasoline. This means that Canadian producers take the price on the open market and do not directly influence the world price of gasoline independently.  4, record 3, English, - price%2Dtaker

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 CONT

Le Canada est un exportateur net de pétrole brut et d'essence. D'après l'U.S. Energy Information Administration, le Canada contribue pour 3 % de la production mondiale de pétrole. Le Canada est un preneur de prix dans le cas du pétrole brut et de l'essence, ce qui signifie que les producteurs canadiens prennent le prix du marché libre et n'exercent pas à eux seuls d'influence sur les prix mondiaux de l'essence.  1, record 3, French, - preneur%20de%20prix

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

Main demand drivers are: aging population, geographic dispersion, access to health care, informed consumer, cost containment pressure, CPE demand (licensing requirements increasing.  2, record 4, English, - CPE%20demand

Record number: 4, Textual support number: 2 CONT

Starting with today's level on non-CPE oil demand and prices we linked world oil demand growth positively with economic growth and negatively with price...  3, record 4, English, - CPE%20demand

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 CONT

Les principaux facteurs qui motivent la demande sont les suivants : le vieillissement de la population, la dispersion géographique, l'accès aux soins de santé, le consommateur averti, la pression de compression des coûts, la demande des PEP (croissance des exigences d'octroi de licences).  2, record 4, French, - demande%20des%20PEP

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 DEF

The world’s most prolific crude oil, frequently used as a marker crude in establishing the prices of other crudes.  3, record 5, English, - light%20Arabian%20crude

Record number: 5, Textual support number: 1 CONT

The price of Saudi Arabian light crude oil was previously fixed at $12. 70 per barrel(34 degrees A. P. I. with 1. 7 per cent sulphur) and this was used as the reference world oil price in calculating the substitution value of Canadian natural gas exports.  2, record 5, English, - light%20Arabian%20crude

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 DEF

Mélange de pétroles d'Arabie Saoudite dont le prix sert de référence sur le marché mondial.  4, record 5, French, - brut%20l%C3%A9ger%20d%27Arabie

Record number: 5, Textual support number: 1 CONT

[...] les Arabian Light sont des pétroles bruts légers provenant de la péninsule arabique [...]  3, record 5, French, - brut%20l%C3%A9ger%20d%27Arabie

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

The price paid at the wellhead for gas or oil produced.  2, record 6, English, - wellhead%20price

Record number: 6, Textual support number: 1 CONT

Special price for oil discovered after 1973. The wellhead price of oil discovered in the period after 1973 and qualifying for provincial royalties at "new oil" rates, but not in receipt of the New Oil Reference Price, will rise on July 1, l982 to 75 per cent of the current world price.  3, record 6, English, - wellhead%20price

Record number: 6, Textual support number: 2 CONT

Wellhead price of oil.  4, record 6, English, - wellhead%20price

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 CONT

Le prix à la tête du puits du pétrole découvert après 1973 et donnant droit au taux de redevance provinciale du «nouveau pétrole», mais non au Prix de référence du nouveau pétrole, passera le 1er juillet 1982 à 75 % du prix mondial actuel.  1, record 6, French, - prix%20%C3%A0%20la%20t%C3%AAte%20du%20puits

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

The main factor which distinguishes our high case from the low is that world economic growth is higher in the high case, causing higher demand for oil and a higher oil price path.  1, record 7, English, - oil%20price%20path

Record 7,  Textual support,  French

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 CONT

The major mechanism by which rents on crude oil that are not collected by the producing provinces are redistributed is through the policy of pricing domestically produced oil below the world price.  1, record 8, English, - crude%20oil%20rent

Record 8,  Textual support,  French

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 CONT

Since 1973, petroleum policy in Canada, in response to the world oil price shocks, has gone through a period of intense change, reflecting the extraordinary events of the decade.  1, record 9, English, - petroleum%20policy

Record 9,  Textual support,  French

Record 9,  Textual support,  Spanish

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 CONT

In the context of present world prices of crude oil and probable price increases in the near future, the overall economics of heavy-oil recovery and upgrading appear favourable.  1, record 10, English, - heavy%2Doil%20upgrading

Record number: 10, Textual support number: 1 OBS

... heavy oil may be upgraded by one of two basic approaches: Coking ... and Hydrocracking ...  1, record 10, English, - heavy%2Doil%20upgrading

Record number: 10, Textual support number: 2 OBS

... upgrading plants that will convert the heavy oil into a "synthetic crude" acceptable to existing refineries.  1, record 10, English, - heavy%2Doil%20upgrading

Record 10,  Textual support,  French

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 CONT

Because of a lower world crude oil price, the Government of Canada reduced the gas export border price to $US 4. 10 per gigajoule on April 11, 1983.  1, record 11, English, - world%20crude%20oil%20price

Record 11,  Textual support,  French

Record 11,  Textual support,  Spanish

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 CONT

Because of a lower world crude oil price, the Government of Canada reduced the gas export border price to $US 4. 10 per gigajoule on April 11, 1983.  1, record 12, English, - gas%20export%20border%20price

Record 12,  Textual support,  French

Record 12,  Textual support,  Spanish