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Some background and history of the oil industry in Canada. The Borden Commission; its analysis of the present situation and its recommendations for future development. Recommendations with regard to the growth of reserves in Alberta and British Columbia and how best to increase the level of production of the oil industry in Western Canada to the point where such production will sustain a strong and healthy industry without adversely affecting the cost of energy to the Canadian consumer. A review of the current situation. Exploration activity and its effects. The economics of the proposal to construct a pipeline to transport Canadian crude oil to the Montreal refining area. Some suggestions from the Commission on production targets. Expanding markets. Some export figures. Some comments on markets for natural gas. The penetration of markets for Canada's surplus gas as a matter of extreme urgency. Consequences of lack of markets. The necessity for action by the National Energy Board and the Canadian Government to approve pending applications for export before markets are lost.