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Cedar Rapids Gazette (Newspaper) - January 1, 1974, Cedar Rapids, Iowa Lounge Chairs V2 Price A floorful of lounge chairs in modern, traditional, Earl/ American and occasional styles. Choose yours now with prices starting at $59.00. 6-p«. Twin Beds Ensemble Includes 2 twin headboards, 2 button-free foam mattresses and 2 in nerspring box springs, all for ONLY Perfect for the growing family at such a perfect pricel In Early American Salem maple. Nixon’s I 980 Energy Goal Is Doubtful Ny Peter Amrit Al’ Spacial Corraspondanl I The energy crisis has demonstrated America’s dependence nu foreign oil supplies, but President Nixon sees a way out of this situation: Self-sufficiency by I HHH (’an it be* done? I hose are the major resources and the problems involved In developing them into energy self-sufficiency in the seven years left in this decade: Coal The nation has the world’s largest coal reserves, about 3.2 trillion tons, of which 150 billion tons are recoverable with mines now operating, according to the National Petroleum Council, an Industry group. Production is BOO million tons annually, about the same as It was 20 years ago. Coal now represents only 17 percent of the nation’s total energy consumption. It was more than half 50 years ago. When the energy crisis hit in November, the administration hoped to save 450,(KIO barrels of oil daily by having oil-burning power plants switch quickly to coal. The coal industry says that can be done in 1974. A major goal is conversion of coal to gas and oil, to augment natural gas and petroleum, which now combine for two-thirds of the nation’s energy. The federal government plans to spend millions on research to develop an Inexpensive method of mass producing gas and oil from coal. Industry leaders and government officials say that between research and plant construction, it will be 1985 before the mass production is achieved. Oil No other country in the world produces more petroleum than America’s IO million to ll million barrels daily. But this is only two-thirds of the country’s average daily consumption of 17 million barrels. The remaining 7 million is imported, principally from the Middle East. Most experts agree that the U.S. will have to continue to rely on oil Imports well Into the 1980s if America’s energy consumption continues to rise 5 percent annually, as It has been doing in recent years. The oil experts, among them Prof. Charles Stewart of Columbia university, say that wells now in production could yield an additional 300,000 barrels daily in the next few months, if worked at full capacity. If drilling equipment and enough refineries are available — and they aren’t today — one million barrels could be* added to domestic production by 1976. This would be a third of the oil embargoed from the Arab countries on Oct. 17. Alaska’s North Slope fields are to add another one million or two million barrels daily, when the pipeline crossing the state from north to south is completed late in the decade. During the 1980s, self-sufficiency Is theoretically possible in oil, now 45 percent of the nation’s total energy consumption. But many hundreds of wells must In* sunk to tap America’s underground and offshore reserves. Most oilmen say that a lead time of eight years is needed for exploration and the start of large-scale production from these untapped reserves. Natural lias It provides 30 percent of America’s energy needs, but supplies are dwindling because in four of the . st five years, the nation has used more natural gasjhan it has discovered. The reserves are there for the finding: 2,000 trillion cubic feet onshore and offshore, the interior department says. But industry spokesmen say exploration won't begin until price controls are removed. Shale Oil Potentially, shale oil is a major furl, with 54 billion barrels of economically recoverable crude oil in the Green river formation in Colorado, Utah arid Wyoming, according to the National Petroleum Council. Six 5,0<HI acre tracts will be leased in January, but refineries and construction of mines will take five years or more. The first plants are expected to produce 250,IMH) barrels a day by 1980. Nuclear Pawer There is one other energy source capable of a major contribution to self sufficiency: nuclear fission plants. Three per-c e n t of America’s electric power now is generated by 35 nuclear reactors, and 150 are under construction, the last to be completed in 1985 Then 35 percent of electric power will he nuclear generated, the government says. But because of complex construction problems, expert* say, that by 198», only seven percent of electric power will Im* nuclear generated The Cedar Rapids Carette: Tues., Jan. I, 1971    7A 2'/* acres of everything for the horn*    STARTING TOMORROW Open Wednesday Night 'til 9 Months To Pay Use Smulekoff’s Budget Account Your transaction is a private, confidential one at Smulekoff’s. Your account stays with the store. It is never sold to a finance company. Bn Our Store tifiif • i'db ■ A »\t    VS* "S-i ’    *.*'•'v * WL ■.• - */ -••K, •• ■% ‘A    r    d* Mattress Clearances! Over 400 on Sale! Simmons, Sealy, Englander and Others Choose from twin, full, king, and queen sizes. Some floor samples as low as $24.95. Assorted colors and tickings. Get yours now at a bargain price. Save 20%-30%-40%-50% SMULEKOFF’S GREAT WAREHOUSE CLEAR0UT SALE starts TOMORROW 9 a.m. to 9 p.m. IN OUR STORE To start off the year right, we've converted our entire store into a jam-packed, aisle-crowded warehouse of wonderful bargains. Read every word — check every listed value — and make your plans to attend this great event starting tomorrow. lf you love your home, and if you love true bargains, this is one sale you cannot afford to pass up! SPEND IO MINUTES IN OUR STORE TO VERIFY OUR CLAIMS!^, Yes, as little as IO minutes on our floors will demonstrate the importance of the savings. With skyrocketing prices on just about everything, you'll find our shockingly low prices a refreshing change. And they’ll give your dollars a boost in buying power you'll appreciate. You’ll discover bargains we believe will be difficult — if not impossible — to match ever again. Come see for yourself, and save! WHY SUCH GENEROUS DISCOUNTS? As long ago as the spring and summer furniture markets, we saw the writing on the wall about the inevitable escalation of furniture prices. So did many others. But we acted on our conclusion, ordering to the limit of our capabilities the cream of the furniture shows. New shipments continue to arrive. The immediate benefit to you is that we’re filled to capacity with what you want at prices you only have to compare to appreciate. So take advantage of us. Savings of 20%, 30%, 40% and more will slim our stocks in a hurry, so if you're only vaguely contemplating a new living room suite, bedroom, dining room, etc., come see what we've got for you. These values will help you make up your mind. FREE DELIVERY And Set Up In Your Home When you make a purchase at Smulekoffs Ready Made Every Twin, Full, Queen or King DRAPERIES BEDSPREAD V2 OH 25% M Dinettes Reduced *30 to *150 All 5, 7 and 9 piece dinettes in stock reduced 30 to I 50 dollars. We have a complete selection. Every dinette reduced, none held back! Dining Room Groups Reduced $5000 to S200M From such fine manufacturers as Drexel, Bassett, Lane, Bernhardt and Thomasville. Some Thomasville suites are • educed cs much as $ I OOO. Wardrobes and Kitchen Cabinets (Singly or in groups) Save SIO to $40 Includes utility cabinets and base and wall units. Some less than Va price. La-Z-Boy Recliner Chairs Reduced *40M to S70M This includes our entire stock of well built La-Z-Boy recliners. Many styles and colors to choose from. Occasional Tables Reduced MO00 to s6000 Choose from 300 occasional tables made by Lane, Hammary, Drexel and others. Prices from $9.97 and many tables Va Price or less. Save on Lamps Marked Down 20% to 50% Nearly every lamp in stock is reduced for quick clearance including table, swag, chain and pole lamps. Bedroom Suites on Sale Reduced 550M to s250#0 Over 300 bedroom suites in over 50 different styles by Drexel, Thomasville, Lane, Bassett and others in most wanted styles reduced at $50 to $250. Hundreds of Sofas REDUCED 5000-J10000-S150 aud (von Some of these beautiful sofa* even reduced $200 OO from our regular price. Traditional, modern, Colonial and contemporary style*. Some a* low o* $155.OO. Love Seats, Apartment Size Sofas - %, Vt, Vt Off Regular Price 24 beautiful love seats and sofas now in stock for immediate delivery priced from $99.00. Family Room Furniture For acfhta children and today's lifestyle. All on Sale Casual furniture for your casual lifestyle. Includes naugahyde*, Herculons, bars, tables, info',nal accessories, wall units, sofas and lounge chairs. IOO Hide-A-Beds and Bed Davenports at Savings of *50*° to *150' Over I 50 Hide-a-beds and bed davenports to choose from by Simmons, Kroehler and others. Open Stock Bedroom Furniture Reduced 10% to 30% Includes solid Maple, Oak, Pine finches, and Colonial, Provincial and Contemporary style*. Group* have regular bedroom furniture item* and many extra piece*, such a* de*kt, bookca*e», c obi net*. Stereo Units, Record Cabinets and Bookcases at Savings ot 20% to 50% Hundreds of model* in Hock marked down Choose any record cabinet, stereo unit or book case at 20 to 50 percent savings. Unfinished Furniture Ready-To-Paint at 20% to 40% savings. Every item in stock is reduced to clearance prices, limited quantities of chests, desks, cabinets, headboards, stools, benches. First come basis. Colonial Shop Bargains Save 20% to 40% Many items have been reduced for this Ware houso Clearcut Sale, including Early American maple dining sets, sofas, chairs, occasional tables, bedroom furniture, lamps and accessories. All Items Subject to Prior Sale FREE PARKING For our customers, Use Park and Shop Plan SMULEKOFF’S TERMS TO FIT YOUR BUDGET ;

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