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Guts & Guile: True Tales From the Backrooms…
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Guts & Guile: True Tales From the Backrooms of the Pipeline Industry

by E. D. Phillips

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Amazon.com Product Description (ISBN 0888947070, Hardcover)

Turmoil and opportunity characterized the oil and gas fields of western Canada in the 1970s and early 1980s. It was a time of mergers and mega-projects as the industry struggled to come of age. An eyewitness to the cut-and-thrust of boardroom strategy, Ed Phillips viewed these events as head of Westcoast Transmission Company Ltd. (now Westcoast Energy Inc.), one of Canada's largest pipeline companies. During his tenure, the industry changed from the no-holds-barred wildcatting of pioneers such as Frank McMahon to the modern management style exemplified by Petro- Canada's Bill Hopper. Guts & Guile reveals the backroom tales of corporate manoeuvrings and political lobbying that underlie the operation of a major resource company. Phillips joined Westcoast shortly after the discovery of immense oil and gas reserves in Alaska spurred interest in how to best get the arctic product to market. The world oil crisis of the early 1970s upped the stakes as Canadian and American pipeline companies jockeyed with each other to control the strategically critical pipeline to Vancouver Island and coal developments in British Columbia, fell victim to fluctuations in the world economy, corporate wrangling and government bungling. Phillips bears witness to it all. More, this book explores the ethics of the executive suite. In this fascination chronicles of a formative chapter in the history of Canada's resource industries, Phillips candidly draws portraits of his colleagues and competitors. He shrewdly assesses the politically motivated policies of elected officials and passes judgment on choices made and opportunities lost.

(retrieved from Amazon Thu, 30 Jul 2015 04:15:39 -0400)

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