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 Canadians Favour Nationalizing Gas Resources 

 
Published 9/5/2005 
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MONTREAL (CP) -- Almost half of Canadians wanted to see their petroleum resources and their gas companies nationalized as fuel prices hit record levels, a new poll suggests.

The Leger Marketing telephone survey of 1,500 people was conducted between Aug. 24 and Aug. 31, the bulk being done before the devastating effects of hurricane Katrina were felt.

Gas prices have jumped around 25 cents a litre since the storm that battered the U.S. Gulf Coast.

On Monday, for example, prices in Montreal and Halifax averaged C$1.38 a litre but the regulated price in St. John's, N.L., was C$1.48. In Toronto, prices stood at about C$1.35 but were also seen at around C$1.22.

Western drivers tanked up for between C$1.08 to C$1.13 in Edmonton and between C$1.07 to C$1.14 in Calgary.

In the Leger poll, which was provided to The Canadian Press, 49% of respondents wanted petroleum resources nationalized while 43% said they would like to see the same fate for gas companies.

Quebecers were the strongest supporters of resource nationalization at 67%, followed by residents of the Atlantic provinces at 53%, Ontarians at 45% and British Columbia at 42%.

Forty per cent of respondents on the Prairies and 36% of Albertans were in favour. Among those opposed, Albertans led the way at 49% followed by British Columbians at 39%.

Quebec led in support for nationalization of oil companies, with 61% in favour, followed by the Atlantic provinces (46%). Alberta was most opposed at 59 per cent, followed by the Prairies (49%), B.C. 46% and Ontario, 41%.

Most of the respondents - 79% - suggested they would like to see taxes on gasoline cut, although federal and provincial governments have made it clear that is unlikely.

Seventy-six percent of respondents indicated they would like the government to intervene after recent gas hikes preceeding Katrina. Fifty-four percent suggested they would like the government to fix the pump price.

Twenty-six percent of respondents blamed the gas companies for pre-Katrina price spikes followed by 18% pointing the finger at oil-producing countries.

However, 63% of respondents said pre-Katrina gas price hikes had not affected their fuel consumption. Twenty-five percent said they were using less gas.

Results of the poll are considered accurate within plus or minus 2.6 percentage points 19 times out of 20.

Katrina cut a swath of destruction along the Gulf Coast more than a week ago, shutting down nine Gulf Coast refineries. It disrupted gasoline pipelines to the Midwest and East and stopped 90 per cent of the oil production in the Gulf of Mexico.

The Gulf is responsible for around 30% of U.S. crude production and one quarter of its gas. A large portion of U.S. oil imports also arrive at Gulf Coast ports. Prices at the pump soared and continued to climb.

© The Canadian Press 2005



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