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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 6, 1975, Lethbridge, Alberta Thursday, February 6, 1975 THE LETHBRIDGE HERALD 11 Sharing proposed in gas shortage OTTAWA (CP) Any shortage of natural gas during the next few years should be shared equally by domestic and export customers, a Cana- dian Petroleum Association (CPA) official said Wednesday. Customers in the United States, who now gel about 45 per cent of domestic natural gas production, should not be expected to bear the full burden of shortages, said James Baugh, an official of the CPA. The CPA also told the board any supply shortage might be alleviated by higher prices for natural gas which would dis- courage consumption and en- courage producers to bring more fuel on stream. The comments were made during board hearings on sup- ply and demand for natural gas for the next 20 years. Earlier evidence to the board said shortages will start to show up later this year and continue until the early 1980s when natural gas from fron- tier areas should be available. The CPA said export sales of natural gas had helped develop fhe industry in Canada and existing export customers should not have to make up the entire shortage. But the association said ex-1 ports might have to be curtail- ed in future, after existing sales contracts have expired, if the "true Canadian gas production. Mr. Baugh said he believes present demand figures are "exaggerated because of the low cost of gas compared with other fuels." When the price of gas is allowed to reach levels com petitive with oil prices, then "a true competitive demand' figure will be available, he said. He supported statements by Energy Minister Donald Macdonald that gas prices should double during the nex three years to reach a com petitive price with oil. But Sherman Clark of Menlo Park, Calif., a cohsultan hired by the CPA, said he fell prices should reach com' petitive levels within the nexl 12 months. Asked what the reaction might be from the Unitet States, Mr. Clark said previous increases had been accepted by regulatory agen cies there. Several United States sena tors threatened retaliation against Canada last fall when the export price of natural gas was increased to a thousani cubic feet from 60 cents. Mr. Macdonald says the commodity price of gas, com pared with domestic oil prices frozen at a barrel, is a thousand cubic feet. Union Gas Ltd. of Chatham Out., a major distributor, sale there is no assurance that higher prices will encourage growth in supplies. Prices hac doubled in recent years bul the supply problem was never Mr. Baugh replied he coulc not give any assurances, but felt additional high prices would encourage the com- panies to step up exploration efforts. Oil tax may close Getty refinery DOVER, Del. (AP) Billionaire J. Paul Getty said Wednesday he would close down the Getty Oil Co.'s only refinery in the United States "have to go out of the wholesale and retail business" in the northeastern U.S. if a 42-cent-a-barrel state tax on crude oil is im- plemented. The refinery, in Delaware City, is the only domestic one wholly owned by Getty and is the only refinery operated by any company in Delaware. Meanwhile, refinery workers and Getty executives were trying to block the tax bill. The Delaware general assembly passed the bill Jan. 29, but Gov. Sherman Tribbitt has not yet signed it. William Heagy, president of the Oil, Chemical, and Atomic Workers union local, es timated that jobs be lost if the refinery shut down. The refinery is part of .Get- ty's eastern operations division, which serves retail gasoline stations and wholesale oil operations in 12 northeastern states, a Getty spokesman said. The spokesman said a halt to wholesale and retail operations in the East would affect service stations and about home heating customers, jobbers, dis- tributors and other wholesale customers. Getty Oil is mainly an oil- producing company; not a refiner. Although it reported total profits up 94 per cent in fiscal 1974, spokesmen have said the eastern division and the refinery itself have been losing money. Serious planning needed on waterfowl survival ST. LOUIS (CP) Serious planning to remedy the burden on Canadian prairie farmers must be started im- mediately if North American society is to continue enjoying waterfowl hunting, Roy Atkinson of Saskatoon, presi- dent of the National farmers Union, said Wednesday. Mr. Atkinson, speaking at the water- fowl symposium, said 30 million ducks are raised and fed on water bodies and fields in addition to three million geese owned by "the farmers I represent." This bird population sup- ports a lucrative industry catering to waterfowl hunters who spend an estimated million each year in Canada and about million in the United States. But little of this vast amount of money reaches farmers in Canada who suffer an estimated million damage to grain crops each year in addition to in- convenience, he said. "Farmers pay by far the majority of the costs sup- porting this wildlife but receive very little in terms of benefits." Mr. Atkinson said hunters will pay hundreds of millions of dollars for hunting recrea- tion but "pay nothing in the form of direct compen- sation." "To add to the insult, they often cause needless damage and inconvenience themselves as they pursue their prey." He said the concern of' prairie farmers in Canada is "growing steadily and I suggest will heat to the boiling point within the next 10 to 20 years if remedial action is not taken soon." There are compensatory programs being developed and improved by provincial governments in Canada but such programs "have a way of misallocating costs, since, costs are borne by Canadians but U.S. residents take approximately 80 per cent of the duck harvest and 70 per cent of the goose harvest." With increasing tempo in Canada farmers are systematically prohibiting hunter access to their land and, if this trend continues, the production of migratory game birds will be irrelevant because "there will be no place to Mr. Atkinson said. "The exception will be hunting for the very rich on land purchased by the hunters to obtain hunting privileges." Profits drop TORONTO (CP) Inter provincial Pipe Line Ltd. reports that 1974 profits dropped 26 per cent from the previous year. Consolidated net income fell to million or 11.39 a share compared with million or 11.87 during 1973. FOR SAFE WIRING Outdoor wiring should be safely grounded with weath- erproof outlets equipped with three wired rounded con- nections. AVE Everything you need to make it on your own Great Value! Great Variety. LIGHT FIXTURES Come in and check our selection of quality lighting fixtures. You'll find different stylish fixtures for inside and out. Shop early for best selection. 00 home centre NMD7 Copper Household Wire A non-metallic sheathed cable, overall coating of flame-retardant braid. Great up and save. Switch-on to savings at Beaver Bett Buy Light Bulbs Your choice ol 60 or 100 watt bulbs. Stock up right 44 PKG. OF 2 Oblong Switch Box Choose this easy to install standard type oblong switch box. 48 EACH Single Pole Toggle Switch Install it yourself and save. BROWN IVORY Duplex Receptacle U-ground model.' Handy, durable and easy to install. BROWN IVORY 350 430 Ribbed Switch Plates Single pole. Replace your old switch plates now at this low price. BROWN IVORY 13C Decorative Switch Plates Modern and-. Traditional designs to add accent to your decor. Buy now at these low prices. 30% OFF ALL STOCK 17th Street 3rd Avenue South, Lethbridge Shop to daily Open till 9 p.m. Thursday 328-4461 or 328-4462 SALE ENDS SATURDAY, FEB. ltd, 1975 Wi mini tin rifkt to limit qmnliliu. home centre ;