Canadian Oil & Gas History

1959 Highlights

January 29 Prime Minister John Diefenbaker announces formation of the National Energy (NEB) prior to completion of Borden Commission hearings
March 11 United States adopts mandatory import controls on crude oil and refined products
June 27 Govier forecasts a doubling of the market for Alberta crude by 1965
August 24 Construction of Bowden refinery announced
September 8 Alberta produces its billionth barrel of oil\
September 24 Alberta Oil and Gas Conservation Board releases report on the potential for a nuclear explosion experiment beneath the McMurray Oil Sands
October 23 City of Calgary applies for reservation of 1.13 trillion cubic feet of gas for use in thermal-electric generation
November 5 Canadian Husky offers to buy Husky Oil