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December 07, 1979 - Image 8

Resource type:
Text
Publication:
The Michigan Daily, 1979-12-07

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. w - -r a - . m r - a i n m m m m i n mian mmrr r rr .rr
SCHWEPPES I
.a 1Y dTONIC WATER II
~~ ANDI
CLUB SODA '
2 forI 1
~ ~ with coupon 1
EXPIRES DEC. 14I
1 k: :

Page 8-Friday, December 7, 1979-The Michigan Daily
ana a to increase natural gas
exports to U.S. in the 1980"S'
A t., t- ir: t,,.,.,.,

__ __

From AP and Reuter
OTTAWA-The Canadian govern-
ment announced yesterday an increase
in natural gas exports to the United
States of 3.75 trillion cubic feet in the
1980s, an export valued at more than $13
billion.
Energy Minister Ray Hnatyshyn said
approval had been given for exports
from Western Canada of 106.2 billion
cubic meters of gas between next
January 1 and the end of 1987.
HNATYSITYN, SPEAKING in
parliament, rejected Opposition
charges that the government was
selling away Canada's abundant
energy reserves at a time when it was

agonizing over imported oil supplies
like other Western countries.
"The government is satisfied that
future Canadian requirements have,
been appropriately assessed and that
the new exports are surplus to these
requirements," he said.
Canada is already committed to ex-
port about 10 trillion cubic feet under
contracts expiring by the early 1990s.
The current export rate is about 1
trillion cubic feet a year.
THE EXPORT approvals are expec-
ted to permit the extension of some con-
tracts scheduled to expire soon. They
will also allow increased flows of gas
through existing facilities and through
the planned southern sections of the

Alaska Highway natural gas pipeline.
Although natural gas through the
southern sections of the pipeline won't
flow until 1981, some gas is expected to
be exported beginning next year
through " existing facilities. The im-
mediate exports will be limited because
of a lack of surplus capacity in existing
pipelines.
Hnatyshyn disclosed that a new study
indicated that Canada had about one-
third more gas in reserve than
previously thought.
Regulatory agencies had found "that
remaining-recoverable reserves of gas
in Western Canada are of the order of 72
trillion cubic feet, about one-third more
than earlier estimates," he said.

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A, Truk Tour Boot 26.75 Trak Tour Boots 26.75
Truk Bindings 6.7S Truk Bindings 6.75
Truk Tonkin Poles 6.75. Trak Tonkin Poles 75 w
Shop Mounting 5.00
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WE RENT SK I

SALT I1,
ener bill
stalled in.
Congress
WASHINGTON (AP) Two of
President Carter's most important
legislative, proposals -- the SALT II
treaty and the energy plan - will be
delayed in Congress until next year,
Senate leaders disclosed yesterday.
The postponements will mean
congressional consideration during a
presidential election year, historically
a bad time for pushing controversial
legislation through either the House or
Senate.
SENATE MAJORITY Leader.Robert
Byrd had previouslysaid he hoped to at
least begin debate on the strategic ar-
ms limitation treaty with the Soviet
Union by year's end.
There had even been earlier forecasts
that the debate would begin in October
with a final vote on ratification by early
December.
But yesterday, Byrd noted the slow
pace of Senate consideration of the
"windfall profits" tax on the oil in-
dustry, and said: "I don't see how it
(SALT II) could conceivably be brought
up this year. Our time is running out."
ASKED IF the delay into the election
year will jeopardize approval of the
arms pact, which requires a two-thirds
Senate vote, Byrd said, "If it goes over
to January, I would see no harm in
that."
Meanwhile, Sen. Henry Jackson (D-
Wash. ), chairman of the Senate Energy
Committee, said in an interview that
there is no chance the president's
multibillion-dollar energy plan will
clear Congress before both houses quit
work for the year just before Christ-
mas.
The House and Senate have approved
competing versions of two separate
energy measures urged by Carter, a
synthetic fuels development bill and
creation of a powerful Energy
Mobilization Board to speed construc-
tion of energy projects.
DIFFERENCES must be resolved by
congressional conference committees
which Jackson said will meet for the
first time, probably beginning
tomorrow.
Both conference committees are
much larger in number than the usual
makeup of such panels, and Jackson
said there are major differences to'be
worked out before compromise ver-
sions of both bills are sent to the House
and Senate for final votes.
"We won.'t have anything ready for
the House or Senate floor this month,".
Jackson
BYRD ;# ;QD, planned to close out the
current session of the Senate'four days
before Christmas, and reconvene in
late January.
Yesterday, he said, December 21
"would have to be the date we stop for
Christmas," implying a possible return
immediately after New Year's Day.
The Senate has been debating the oil
tax legislation for three weeks : The
measure, which would tax the ad-
ditional revenue oil companies.' will
receive as a result of the phasing out of
federal price controls on domestic oil, is
expected to be on the floor for another
week.
There is no guarantee that Congress
will take final votes on the tax this year.
In addition, the House and Senate are
also being asked to give federal finan-
cial aid to the Chrysler Corp. There is
considerable opposition to the rescue
effort.
Sen. Lowell Weicker Jr. (R-Conn.
for one, has said he will filibuster to

block Senate approval. I

J

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