Page t, The Herald, Friday, Seplamber 14, 1979 New oil co BUCHAREST (CP) — If optimistic predictions about huge new Canadian oil discoveries are realized, Canada would be able to slow down costly development of Alberta's ol] sands, the chairman of the . National Energy Board said Thur- ys J. G. Stabback sald in an interview that oll sands plants, which currently cost unlikely that either jone would be ignored while the other is exploited: ‘It would get to market one way or the other,” But exports would be less likely than the alternative of wing the oil domestically, reducing the oil sands ex- pangion rate so that the ‘domestic market could absorb any large new finds, Stabback, however, em- phasized that predictions of IHions upon bilHons of barrels of oll being found off the Labrador and Greenland coasts and in the Canadian Aretle are still rather speculative, ARSON TRIAL about $5 billion for 100,000 . barrels daily capacity, are extremely expensive. “Arctic oil, even with the associated high cesta, would have a lower unit coat than the next generation of cil sands plants,” he said. Another possibility, he hinted, is that Canada for economic reasons might once again become a major net oll exporter. ! If lwrge discoveries aye made both off Labrador and in the Arctic, he said, it Is “Exploration geologies have expansionary ideas,” he said, They have to talk big and try to justify it later.” Among submisslons to the World Petroleum Congress have been predictions that the Aretic could be producing oil the year round - in flve years and that 10 billlon barrels of oll are lying off the Labrador coast, But a lot of oll would have to be found before Canada’s net oil deficlency could be covered and exports could be considered, Stabback said. Canada currently imports 950,000 barrels a day more Verigen denies curses NELSON, B.C. (CP) — Orthodox Doukhobor leader John J, Verigin denied today in county court that he ever told anyone to commit any acis of arson or that he has the power to threaten people with a curse. "Tl say before people and before Gad never have I ever in my lifetime counselled or __ even suggested burning or bombing — that would be contrary . .. to what I revere in life,” Verigin said. Asked by his lawyer Harry Rankin, a Vancouver alderman, if he has the power to curse people, Verigin replied: “Good God, no. [am an ordinary human being with no supernatural powers ,.. this takes mo back to the Dark Ages.” ° Throughout his teatlmony, Verigin emphatically denied that he had ever given in- structions to anyone to bum buildingg. Earlier, witnesses testified that Verigin threatened persons with a@ seven- generation curse if they did Gives Satisfaction Always! SATURDAY Mi : SAVE 30% ; SAVE 32% 4, 5 oz. Tins in a package. Choose from spaghetti! and Fy Choose from vanilla, chocotate, meatballs, beans and wleners, . butterscotch, rice of taploca. chili con carne and assorted E. stews. 8 oz. tins. Ba K mart Reg. Price *c K mart Reg. Price 57¢ ~ SATURDAY ONLY 3) Bhs. 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Verigin, 58, faces three counts of conspiracy to commit arson, A fourth count was stayed Wednesday because an unindicted co- conspirater could not be found. . Peter Astaforoff of Gilpin, B.C, faces two counts of con- uld ease Sands need than it exports and that deficiency Ia expected to rise to. 900,000 barrelaa day in the late 1980s before enough oll sands plants, can be operational ta begin reducing the costly deficit. “In Canada we feel quite concerned that the public has got to be aware that massive investments are going to have to be made in oll ‘sand plants and other energy developments,"’ Stabback said. Authorities could not reaponsitly count on op- timistie Arctle or Labrador predictions being realized in time. _ splracy tocommit arson and - William F, Evdokimoff, 61, of the Nelson area one count. During testimony Wed- nesday, court was told by an acknowledged member of the Sona of Freedom Deoukhobor sect that she considers Verigin her leader and that Verigin personally ordered her to burn Stephan Sorokin's home in Krestova, Mid-east accord said in the works TEL AVIV, Israel (AP) — U.S. Envoy Robert Strauss -gald today he will tell: President Carter that Egypt and Israel are working in a “positive. and constructive manner” toward an agreement on Palestinian autonomy. : Strauss ended a four-day mission to the two countries ‘and flew from Tel Aviv to Cairo to pick up some members of his delegation before flying home to ' Washington. Maintaining the upbeat tone that characterized his public statements in both countries, Strauss told an _ airport news conference: in Tel Aviv. ,that-..he.:-had graduated from a feeling of “hope and optimism” to one of — “certainty and inevitability that our search for peace will be successful. ‘] Jeave with a spirit of re- newed confidence and determination,” he said. “I will report to President Carter that Egypt and Israel are continuing their efforta jin':p positive , and, fon steustivelaaiminhehy st: tvs Israel, Egypt and the United States already are four months into the one- year period set for negotiating an autonomy agreement, x Work had to proceed on known energy resources and especially on energy con- servation -- “the cheapest ’ parre] of of] you are going to get is the barrel of oll saved or not used,” “Tt will be a tight supply aituation in the 10903 and part ; of our energy needs are just going to have to be met by the use of coal, nuclear power. and to a lesser extent renew -able resources like solar Thepleture could change if Canada is lucky enough to make large finds in both major offshore areas. “Tf we were fortunate enough to find large basins that were productive, Labrador and the Arctic, I think the government would have toe consider how much oll it wants to let sit in the ground." To get any supply from highcoat offshore areas, he sald, it would be economically necessary to have extremely largescale production. That all-or-nothing choice would be the only hope for would-be exporters, who could argue that export volumes would ne necessary to justify extracting Arctic and Labrador oil for Canadians. In another interview, the chairman of Syncrude Canada Ltd. said he hopes the ArcticLabrador predictions prove correct but “it would not be prudent or responsible” to rely on such finds. . ‘* Brent Scott, whose com- “pany operates the: largest oil: sands mining plant in the world, said oil sands will be essential no matter what else happens. ‘“No matter how optimistic we may be about Labrador and the Arctic, tar sands plants have such a long lead timeand they will need to be developed sooner or later ... they need to be developed slowly and steadily. against . future demand. Large sums. would also have to be poured into other costly alternatives like coal gasification projects, Scott sald. . VANCOUVER (CP) — The British Columbia government has decided fo endorse the Foothills Pipe Lines Ltd. proposal for an all-land pipeline route to carry Alaskan oil south to markets In the _ U.S, Midwest. ' Premier Bill Bennett said Thursday at an impromptu news con- ference the endorsement was part of the govern- ment’s proposed energy policy which would be disclosed prior to the first miniaters’ conference in November. Bennett sald the Foothills proposal would fave the advantage of opening an energy and B.C. OKAYS LAND ROUTE transportation corridor along the Alaska High- way, Which passes through northwest B.C, The pipeline would also eliminate the threat of tanker traffic along the B.C. coast as called for-in other proposals to ship the oil south. Energy Minister Jim Hewitt noted that the all- ‘ route was one of four al tives being con- salde iby -the National EnergyBoard and the Canadian’. and U.S. governments... He said it would involve about 600 kilometres of pipeline through Canadian territory. NEWS BRIEFS OTTAWA (CP) — Bob Rae, NDP finance eritle in the Commons, says the big chartered banks are using a tax loophole to lower their rate of tax to below that paid by the average worker. Rae, MP for the Toronto riding of Broadview- Greenwood, said the glant Canadian Imperial Bank of Commerce paid no tax at all in the second quarter of this year, despite profits of §39 million. He said the Royal Bank of Canada paid tax of $1.7 million on profits of $57.7 million in the third quarter, a tax rate of iess than three per cent, Train wreck kills 55 STALAC, Yugoslavia (CP) — At least 55 people were killed and more than 100 hurt when a freight train slam- med into the Belgrade- Skopje express near this junction town south of Bel- . grade on Thursday. , Officials snid 51 bodies had been recovered and others’ were still trapped in the tangled wreckage. Some of the cars were crushed to one quarter of thei original, size by the impact of the early-morning collision, ~ An Investigating judge said the freight train driver was being held responsible -for the collision because he went through a red signal, The express was taking army recruits from Belgrade to training camps in southern Yugoslavia when the collision occurred 180 kilometres from the capital, Police said four foreigners were among the casualties | but they gave no names or other details. No chop for welfare OTTAWA (CP) — None of the country's social welfare programs will go on the chopping block as a result of- the. government’s com-. mitment to reduce federal © spending, Treasury Board President Sinclair Stevens indicated Thursday, The minister was asked on his way intoa weekly cabinet meeting hov he intends to make large reductions in government expenditures without cutting off benefits tothe elderly, poor and other, disadvantaged groups... « “The ‘fortunate, or" un- fortunte position we're in is that the former government left such a. completely mismanaged economy that we don't need to worry about the kind of programe you're talking about," he sald. Cheques changing color OTTAWA (CP) — Starting next month, some recipients of government cheques will be gelting a golden-yellow- greeting instead of the old basic green, Roch LaSalle, MIKE’S AUCTION SALE »_ SAT. SEPT oe ag Coben wen see al mye ye - OWE ee! at the FORESTRY HANGER . 22 at 1 P.M, Smithers Airport Government surplus vehicles. Forestry Department 25 PICKUPS & CARS ton pickups, 44 tons, 1 tons, Outboard motors from 6 to 65 HP. +) Va a "10 K.O. Lee Valve 1500 watt light plant King K5 ignition scope analyzer with stand. 8x12 single axle tilt box trailer 1 ton gear type chain hoist . Steam cleaner, good working condition. Electrotester, complete equipment for 2 & 4cycle engines. Scat. Remover & Replacer 4 wheel drives, Suburbans, Broncos. (new) | For more Information contact: MIKE’S AUCTION LTD. R.R. 2 BURNS LAKE Phone 694-3497 or 694-3393 Condition of Sale: Cash or Approved Cheque All sales are final . All Items sald as is, where Is. All vehicles must be Inspected before removal, supply and services minister, said Thursday, He told reporters the cheques will be introduced into all government payment programs, including the family allowance, Canada Pension and old age security plans, by April 1, 1680. The change of design will affect all 120 million government cheques issued each year and was made to help keep pace with the requirements of automated cheque-reading and elec- tronic data processing equipment in use at moat major banks and other financial institutions. The cheques, which show a waving, golden-yellow Canadian flag, shading to ochre at the edges, will be less susceptible to coun- terfeiting and more clearly identifiable as government cheques, he sald. NEED ADVICE ON YOUR See Our BUSINESS DIRECTORY on PAGE 10