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...high might natural gas prices go? Some economists predict prices of 600 to 700 per 1,000 cu. ft. Another indication comes from agreements that U.S. companies have made with Algerian producers to manufacture liquefied natural gas and ship it in special tankers to the East Coast. Estimated price to the consumer: about $1-or almost 500% more than a householder now pays. As chances of saving the last remaining fuel bargain dwindle, the lesson is doubly clear: the era of cheap energy is indeed fast drawing to a close...

Author: /time Magazine | Title: FUELS: That Other Shortage | 1/7/1974 | See Source »

...implications for them. Among those who flew from capital to capital last week in a frenzied series of conferences and consultations that left jet contrails all across the Mediterranean sky was Jordan's King Hussein, who made swift visits to Syria, Saudi Arabia, Abu Dhabi and Kuwait. Algerian President Houari Boumedienne dropped into Cairo, Damascus, Baghdad, Kuwait and Riyadh in an effort to arrange an Arab summit. Libya's Muammar Gaddafi warned of a return to war and urged the defeat of Israel; his cries were echoed by Iraq's President Ahmed Hassan Bakr...

Author: /time Magazine | Title: MIDDLE EAST: A Hopeful Start for an Impossible Goal | 11/19/1973 | See Source »

...midweek, no doubt encouraged by the Arabs' unexpected combat prowess, Brezhnev sent messages to Arab leaders asking them to give "the greatest possible support" to Egypt and Syria. The two countries, he told Algerian President Houari Boumedienne, "must not remain alone in their struggle against a perfidious enemy" and urged him to contribute Algerian combat experience. Arabs read this as both a militant exhortation and a cautionary note urging self-reliance...

Author: /time Magazine | Title: DIPLOMACY: Fear for Detente Small Hope for A Settlement | 10/22/1973 | See Source »

...Algerian President tactfully made no public reply. But Brezhnev's thesis did not exactly fit the mood of the assembly. As Algeria's leading Arabic daily Al Chaab observed on the eve of the conference: "Nowadays the division is between rich (the others) and poor (us)." In his keynote speech, Boumedienne hammered on the economic theme. He charged that the colonial powers have used Third World raw materials for their own enrichment and castigated both the maneuverings of multinational companies and the monetary crises created by big-power policies. After calling for a common monetary policy among developing...

Author: /time Magazine | Title: DIPLOMACY: Welcome to the Third World | 9/17/1973 | See Source »

...Paris (see following story) as "criminal" and denied that his organization had any responsibility for them. In fact, the incident created considerable embarrassment for the Arabs. At one point there were fears that a Syrian plane with the terrorists and their hostages aboard was heading toward Algiers; jittery Algerian officials announced that under no circumstances would it be allowed to land...

Author: /time Magazine | Title: DIPLOMACY: Welcome to the Third World | 9/17/1973 | See Source »

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