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Show 8A DESERET NEWS, THURSDAY, MAY 6, 1976 but not at a bargain price Venezuela hints it will sell oil to U.S. Venezuela. Venezuela (AP) South America's largest oil producer, may be willing to step up its exports to help the United States fill up its proposed stockpile. But not at bargain prices. CARACAS, i J i "If the United States wishes ! to accumulate petroleum, we also can decide to accumulate said Hernan Anzola, Venezuela's money, deputy minister of mines and hydrocarbons, in an interview with The Associated Press. We are willing to discuss a possible sale of with in addition to our normal exports oil the United States. But we are definitely not going to give any price discounts." Anzola did not indicate how much additional oil could be available. And he said his government has received no official word from the I'nited States regarding special purchases of oil. U.S. Energy Administrator Frank Zarb recently unveiled a plan to establish a strategic oil reserve of 150 million barrels of imported crude in three years to cushion the effect of any future embargo by members of the Organization of Petroleum Exporting Countries. Venezuela, the biggest foreign supplier of oil to the United States, did not participate in the embargo. But it adheres firmly to the price levels set by OPEC. Zarb said he was convinced that there is "a disturbingly great chance" the United States will be the target of another embargo similar to the one imposed by the Arab oil producers during 1973-7- mately oil industry earned approxibiliion in 1974 and $7.5 billion in 1975, when U.S. companies ran most of it. The industry was nationalized on Jan. 1, and officials estimate that income should total about $6.5 billion this year. The 4. countrys $8.4 60 Zarb's plan provides for approximately next barrels in storage by the end ofend o 90 million by the year and the remaining million 1978 hold The Venezuelan government plans to to down approxioil the countrys production mately 2.2 million barrels a day this year. Daily barrels 2 exports are estimated at about million with of crude and refined products a day, to the approximately 1.1 million barrels going Eastern seaboard of the United States. KM IBt MM WORLD your time in front of the bathroom mirror while the res! of the family lined up out side f Mother, that's who. Vow that its her turn, make sure she has all the newest eon enienees (from lltmsewares). M fllOl spierit n II of ii DflTELineS . loved you when... Yanks still . . 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