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The Empire Club © 2019 | All Rights Reserved

Vladimir Putin

Brockett, E.D. Jr.

The speeches are free of charge but please note that the Empire Club of Canada retains copyright. Neither the speeches themselves nor any part of their content may be used for any purpose other than personal interest or research without the explicit permission of the Empire Club of Canada.

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.