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Searching for 'oil crisis'. (Return)

CBC Top Stories

Mar 21, 2026

Canada was prepared to ration gas in the 1979 oil crisis. Could we be running on fumes once again?

Canada considered conserving oil with gasoline rationing stamps in 1979. While it never put the stamps into circulation, economist Peter Tertzakian said the proofs are a reminder that anything can happen in an oil shortage.

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