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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 2, 1974, Lethbridge, Alberta 42-THE LETHBRIDQE HERALD, Octob.r 2, 1974 Canada likely will be lucky if oil shortage develops WINNER OF CENTRE VILLAGE MALLS WHOOP UP TRIP VIA COVERED WAGON Pictured above is Mrs. Lorraine Jennings, Lethbndge, being presented with in Gift Certificates in lieu of the trip by Mr. Ernie Hendricks, President of Centre Village Merchants Association. This prize was awarded during Centre Village's Old Fashioned Days. The winners of Nail Driving and Log Sawing.Contest during the Mall's Old Fashioned Days were: Nail Driving Men's Division: 1st Martens, Box 303-Warner and Mr J. Leon, 2832 6 Ave. S., Lethbridge Ladies' Division: Teresite Giles, 116 17 St. N., Lethbridge and Elly Hopmen, 1507 17 Ave. S. Log Sawing Contest: The team of Mrs Procure and her daughter of 112-17 Street North By JEFF CARRUTHERS Herald Ottawa Bureau OTTAWA Under a draft international agreement on energy sharing, Canada would automatically cut back domestic oil use in the event of a significant world oil shor- tage, according to Ottawa sources. But because Canda is a net exporter of oil and has large amount of oil in reserve and storage, Canadians are not ex- pected to actually face oil cut- backs that are as severe as those facing other par- ticipating countries under the agreement. In fact, under the best pos- sible circumstances, Canada might be able to offset all of the compulsory cutback by tapping surplus domestic oil production out west and by dipping into storage tanks in the east, government experts have suggested. The agreement, reached in draft form last month in Brus- sels and scheduled to be sign- ed by participating countries late this year, calls for a com- pulsory seven percent reduc- tion in the domestic use in participating countries once major western oil consuming natins fail a 93 percent short- fall in world oil supplies. The plan, according to gov- ernment sources, is to have Canada join a dozen or more other major oil consumers, in- cluding Japan, the United States, Great Britain and most other European countries, in "sharing the oil shortage" equally. Thus, instead of a few west- ern countries being hit very hard by a world oil shortage, perhaps caused by another Arab boycott or sabotage of major oil facilities by terrorists, all the major western oil-consuming nations would absorb such a world oil shortage equally and automatically. Government sources ex- plained that under the agree- ment Canadians would nomi- nally be facing an across-the- board 7 percent cutback. But Canada, within the agreement, will be able to reduce the impact of the cut- back by using surplus domestic oil and-or large amounts of oil in storage tanks. Thus, with any luck, Canada might only face a two or three percent cutback, perhaps no cutback at all, while abiding by the agreement that forces other Western countries to ab- sorb a seven percent cutback. The reasons, according to government sources, is that Canada at present is a net ex- porter of oil. WINNER OF CENTRE VILLAGE'S BACK-TO-SCHOOL PROMOTION Centre Village Mall Phone 328-8442 Pictured above is Deane Romaniuk of Hardieville, ac- companied by her mother, receiving in Gift Cer- tificates from Centre Village Mall Manager Mr. Cas Meyer. Gift Certificates were donated by all merchants of the Mall. Shoppers Drug Mart Birthday Specials Rayette Aqua Net Hair Spray Schick Fresh Orange Shave Foam SPECIAL 69 al 27 B-D Asepto-Oral Thermometer...............SPECIAL 1 Life Chewable Vitamin 'C' mg. 100-........SPECIAL O3f I Ultra Ban Powder 89 oiMC ncf _ A. v aK V M I aaTy V C 449 Centre Village Mall Phone 329-0037 EAST GOING 1M VLV CAST GOING PRICES Misses Tops In easy-care. Machine washable polyester. A wide selec- tion of smashing styles and in new Fall prints and plains. Sizes 10-20 and 38-44 Misses Slacks Fashioned from care-free, wrinkle-resistant poly- ester. Designed with an elastic waist for comfort. Choose from assorted prints and plain colors: Brown, Green. Rust. Black. Wine. Sizes 10-20. special purchase from leading Canadian Manufacturers oil you really Flair Pens SPECIAL Colquel COntaC C SPECIAL Prices effective Thursday. October 3 thru Saturday October S Factory to CHPRGE IT! Westinghouse DRYER 2 temperatures (regular and fluff) Safety start but- ton Large 16" door opening. Cross vane turn- ble action. Up front lint filter DE 270-45-1520 SO -i. Prices 3 thru Oct S or IMt Westinghouse ALL FABRIC WASHER DRYER M Westinghouse "THE PERFECT PAIR THE WASHER FEATURES H P 2 wMh S 3 ilirwr eyciln Golfl. While THE OTTER FEATUSES IS eptrilng S 7 fl opKJfly AvonOo. WHfle add f 10 'or Avocado or Gold Centre Village Mall Phone 329-0037 THE WASHER FEATURES S IS Jb crtljt Met0M wiam srv, Oepiti zs- THE OBTES FEATURES flejiflm Time 0iy Air Ru" cycSw IS' opening S 7 cv Tl orttjr IA 37C oil you f colly _. j CWMGEff! ;