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The National Energy Program (French: Programme énergétique national, NEP) was an energy policy of the Canadian federal government from 1980 to 1985. The economically nationalist policy sought to secure Canadian energy independence, though was strongly opposed by the private sector and the oil-producing Western Canadian provinces, most notably Alberta.
The aim of the National Oil Policy was to promote the Alberta oil industry by securing for it a protected share of the domestic market. Under the policy, Canada was divided into two oil markets. The market east of the Ottawa Valley (the Borden Line) would use imported oil, while west of the Borden Line, consumers would use the more expensive ...
Gerry Protti, appointed by Energy Minister Ken Hughes, on 18 June 2013, [10] as chair of the Alberta Energy Regulator (AER), that will regulate oil, gas and coal development in Alberta, was a former executive with Encana, the founding president of the Canadian Association of Petroleum Producers (CAPP) and spent many years as lobbyist for the ...
Alberta government levies its first royalty, at five percent, on oil and gas production. [8] [better source needed] 1939 Shell opens exploration offices in Alberta. [9] [better source needed] February 13, 1947 Leduc No. 1 strikes oil starting Alberta's post-World War II oil boom. 1947 ATCO is incorporated. [10] June 1948 Calgary Petroleum Club ...
Oil pumps next to Falher, Alberta Canada proved oil reserves: conventional crude oil in red (data from OPEC) and total proved reserves including from oil sands in black (data from US Energy Information Administration) Conventional crude oil reserves in Canada (excludes condensate, natural gas liquids, and petroleum from oil sands).
Pipelines originating from Alberta regulated by the NEB (now, CER) The National Energy Board was an independent economic regulatory agency created in 1959 by the Government of Canada to oversee "international and inter-provincial aspects of the oil, gas and electric utility industries." [1] Its head office was located in Calgary, Alberta.
Saskatchewan is Canada's second-largest oil-producing province after Alberta, producing about 13.5% of Canada's petroleum in 2015. This included light crude oil, heavy crude oil, and natural-gas condensate. Most of its production is heavy oil but, unlike Alberta, none of Saskatchewan's heavy oil deposits are officially classified as bituminous ...
Policy-makers in the oil consuming countries therefore considered it a matter of national urgency to develop stable, secure energy supplies. Because the resource was so large and development was clearly possible, the oil sands looked like Canada's best bet.