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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 11, 1975, Lethbridge, Alberta Energy board keeping closer on Canada's dwindling oil OTTAWA (CP) of reserves still peaked at for the from Alberta com- with a rapid decline in barrels in in a to the U.S. market country's oil fortunes the board steadily board's be diverted to the last four years, check all first major oil strike be greater were Canada if that National Energy Board in the Alta., in for the vigorous supplies from the keeping a closer watch they can and programs East were industry estimates to provide a said they by the U.S. officials crude oil on industry the efforts devoted Because of transpor- In 1970, the continue at problems, Alberta government thought Calgary office with additions the Athabasca supplies the domestic western provinces 10 years ago but totalling the report west of the Ottawa endowed with enough oil only rough estimates annual no large new and the rest of the justify pressing for until in 1970, even were found depends on im- exports to the shortages in officials even development States. Now surveys forced a closer for Washington sands, estimated faced with shortages oil supplies are running the early years its import up to 250 by the Arab oil em- and all exports will was on take more oil, of recoverable in the winter of 1972- eliminated in seven for all the already in doubt because of President Nixon remov- The board says it out of the to all import embargoes. to hold hearings each on conserving last major oil issuing its flood of oil following to study supply and a board the conventional board held hearings of the quotas mand forecasts over a areas of the supply and demand 1.5 million barrels year period, reducing say both came in to day, more than half ports to the U.S. and the oil was found at domestic and production, in necessary to relied too heavily Lake in export 1973 domestic figures for department could not be A new formula reserves. In said it was seriously a study of by the board last year found in the and demand last take into account by the board that kept year after it first the government timated Canadian match figures until doubts about exports to the U.S. quirements over a by the Canadian of proven supply, the barrels this A spokesman said to 10.4 to and said further even after it gained of the reason for in 1970 and to that it be given cuts will eliminate to control exports in shift in in 1973. The control exports to entirely by 1982. 1973, the board from eager says when States, then shipment to the U.S. of to cautious are shortages because only hope tor regain-ins self-sufficiency in oil or production that is that both will be down demand and domestic demand. No and industry 8.5 and 9 on by the exports beyond sideration was and lost, on the oil states. The point, the government reserves or oil discoveries worrisome went into is substantial dis- domestic at historic oil supplies came 1, of new oil or a In addition, 1972 when to the increase in pro- engineers and gamble was Energy started in 1950 geologists from the figures from the in its report for of see little hope of have been based in year that day and climbed to happening before the gary to check industry size of outstripped barrels a day by 1980s. Canada Fencing Figure Skating Table Tennis Wrestling Boxing Badminton Curling Judo Exciting, top calibre competition in 16 different sports events by Canada's best young athletes, the culmination of a full year's training and preparation.These young competitors are disciplined athletes that can make your favorite sport more exciting than ever before. Basketball Skiing Weight-lifting Volleyball Gymnastics Synchronized Swimming Speed Skating Hockey The most important aim of the Canada Games is to slimulate enthusiasm for amateur sports throughout Canada and to strengthen mutual understanding and friendship among athletes from different areas of the country. It's a worthwhile goal, but one which depends on the support of all Canadians to succeed. Give young Canada YOUR support Lethbridge and Southern Alberta have the facilities, the qualified people, the experience and the united enthusiasm to make this year's the greatest Canada Winter Games ever. There will also be a special "Western Hospitality" event in each center lor visitors and competitors alike, a special "welcome" from Alberta. Do it! Attend the Canada Winter Games. February 11 lo 22, in Lethbridge and Southern Alberta. And join Travel Alberta in supporting our greatest national resource the strength of our youth. For informalion on accommodation and evenls. contact Canada Winter Games Society P.O. Box1975 Lelhbridge. Alberta baimday, January 11, 1975 ..rl.'iLU 23 ABLY WEEK SPECIALS o TJ .1.1... o IM Taste Tells Natural Pink Grapelruil Sea Trader While Solid Pure from Concentrate SPAGHETTI TASTE TELLS IN TOMATO SAUCE HII. oz. tins GROUND COFFEE ?49 EDWARDS FINE, Regular or Electric Perc Grind. 2 Ib. tin...............ea. Drink Crystals Town House Cream of Celery Condensed 10 II. oz. tins Empress Grape Flavor 3% oz. net wt. pkg. ORANGE JUICE BEL AIR FROZEN CONCENTRATE 6'A fl. oz. tins KERNEL CORN TOWN HOUSE CANADA FANCY WHOLE 14 tl. OZ. tins Margarine INSTANT COFFEE 179 AIRWAY 10 oz. net ...................................it. i MANY MORE GROCERY SPECIALS IN STORE EFFECTIVE JAN. 13 18, 1975 Copyright 1960, Canada Safeway Limited ;