Compas Poll / Survey

The CEO’s and business leaders on COMPAS’ business panel are not Cassandras about the future pricing of oil. They foresee U.S. $ 113 a barrel by 2010, not $ 150 as forecast by some analysts. But panelists have become concerned about the impact of oil prices on industry, consumers, and the economy as a whole. There has been a jump in concern.

As for necessary government action, panelists believe at least as much as ever that the focus should be on tax incentives in support of fuel-efficient vehicles. Meanwhile they oppose at least as much as ever reductions in taxation on fuel.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.