Canadian Oil & Gas History

1958 Highlights

January 31 Shell indicates another oil strike at Swan Hills
April 1 Dome Exploration (Western) Ltd. Announces plans for underground liquified petroleum gas storage in Saskatchewan
May 1 Alberta Premier Ernest Manning outlines a provincial gas policy, saying the National Energy Board should not be empowereed to interfere in any way in regulation or control of production, wellhead or field prices or ultimate consumer prices
May 16 Independent oil companies urge Ottawa to press for increasing shares of American markets
August 25 Borden commission favors an oil pipleline from Alberta to Montreal
Septermber 10 European considering increased drilling to offset reliance on oil from Middle East
October 8 Cities Service refinery in Ontario receives first crude shipment via Interprovincial Pipe Line
October 27 Borden Commission recommends cration of a national energy board, propoeses methods for regulating peipelines and estimates Western Canadian gas reserves at 300 trillion cubic feet
November 24 Pipeline completed from Swan Hills to Edmonton