Word: canol
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Army was about ready to give in and acknowledge one of the big bonehead plays of World War II. There was no longer any blinking the fact; the Canol oil project in the northern wastes of Canada was a resounding flop...
...thin, 17-mile-long Turner Valley oilfield (only sizable field in all Canada except the Canol area in the far north) was obviously petering out. Nevertheless, oilmen were convinced that a great untapped oil reservoir lay somewhere under Alberta. War speeded up the search for the hidden pool. This year wildcat drillers spent nearly $15,000,000 in the search...
...Lieut. General Brehon Somervell authorized the Canol project without consulting the Navy (or any other department), spent $134,000,000 on it, used up some 200,000 tons of scarce material, wasted manpower and supplies when "four tankers . . . could have carried in one trip more 100-octane gasoline, motor gasoline and fuel oil than would be produced by the entire Canol project by Jan. 1, 1945. . . all because of a disintegrated military setup under which coordination cannot be compelled...
...agreement was also calculated to silence Congressional critics who had complained that the U.S. stood to get exactly nothing out of the Canol adventure after the war. Whether the remote, mostly unproved Mackenzie fields could ever pay off commercially was still a gamble. Whatever happened, the U.S. would at least have something to show for its Canol money...
...Very End." Whimsical, sometimes irascible Bill Somervell, pride of the highly professional Corps of Engineers, has been criticized for many things. He was lambasted for his snap decision in the Canol oilfield project, and for sticking to it in spite of his critics. (Operation of the $24,000,000 refinery, built with U.S. money in Canada's Northwest, began a fortnight ago-TIME, Oct. 4.) Hard-boiled and quick-tempered when the heat is on, West Pointer Somervell has long riled more ceremonious men by his disregard of red tape, his ruthless firing of officers he deems incompetent...