Carl O. Nickle, Dec 30 - "Unless Canada follows the lead of various other nations and adopts a National Oil Policy, designed to move the country closer to self-sufficiency in petroleum, 1961 may be expected to follow much the same production pattern as 1930, with reductions in demand starting in February."
Trevor Moore V.P. Imperial Oil, April 23 - "What we need in this country is big thinking, big markets, big capital formation and big companies can abroad. Governments find it difficult to move in harmony with the economy’s needs when those needs lie in the direction of greater flexibility. If government control isn’t accomplishing what was hoped for, the usual answer is to extend its area by adding other controls. These can be built up until the pervading tone is one of inhibition rather than incentive."
Norman Sutherland President Alberta & Southern Gas Company, Feb 9 - "Here in your high prairies pioneering has continued for two centuries. Westerners have built their economy and their social and political institutions to give freedom to building and doing for the profit of their enterprise and the benefit of all. Such traditions, such free institutions, such free men made it possible to lay half a million tons of pipe 1,400 miles over two of the world’s major mountain ranges and under a score of rivers."
Carl O. Nickle, April 10 - "In some respects, the April 8th Canadian election was a victory for the nation. The vote was rejection of Mr. Deifenbaker, recognition of his weakness as an administrator, his inability to delegate authority, and his failure to make decisions on matters on which action was needed. It was a rejection of anti-American and a demand for better relations and greater confidence between Canada and its friends among world nations."
James Kerr, TCPL, March 23 - "The national aspect of both the TCPL pipeline project and the Canadian Pacific Railroad is due to the firm insistence of determined people in spite of strong technical opinion, that the project must be all Canadian, and must at any cost pierce the northland. That it would cost more to go North – that was the penalty of Canadian nationhood."
Carl O. Nickle, Dec 3 - "It is inevitable that the present North American pattern of oil and gas supply will gradually be adjusted to geographical and economic considerations, and to security aspects, to permit States and Provinces with greater reserves and productbility to increase supplementary supplies to areas which are failing to match Discoveries with Production or Demand."
Carl O. Nickle - "Canada’s Oil & Gas Industry became in 1966, for the first time a Billion Dollar Industry in terms of value of production, It poured out $947 million in expenditures, recording its biggest net gain in history, about $130 million, to trim back the accumulated $1.6 Billion deficit between income and outgo of the past two decades."
Carl O. Nickle, June 30 - "The Suez Canal is closed, blocked by scuttled ships. Costs of tanker oil movements have skyrocketed. Tramp tankers and laid-up old tankers- a drug on the market a few weeks ago – have been called into service. In this emergency, the ability of North American oil areas to deliver large volumes to replace Middle East cut-backs is proving considerably smaller than some predicted when; the Israeli-Arab war began. The ability to produce exists, but transport means fall far short of replacing the Middle East and North African cuts."
DOB, Dec 31 - "Prudhoe has added a third big oil growth region: Alaska and Northern Canada. Oil from the Arctic – like that from the Continental Shelf along North American Coasts – is not cheap by Alberta standards. But it will be oil that will join the reserves of the Continental interior to make the U.S. and Canada relatively less dependent on petroleum from across the Seas."
DOB, Sept 11 - "The North Slope of Alaska has been the centre of mystery, growing optimism and intense activity since the Prudhoe Bay discovery last year. On Wednesday, some 450,000 acres of Alaska leases on the Slope were offered and confirmed the remote Arctic find is the hottest play in North America. A host of companies submitted 1,080 bids on 179 lease blocks totalling a couple billion dollars. The top bid on each tract added up to a vast $900,178,231 - about 50% more than the previous record single sale of leases anywhere in the world."
People on the Move