STORY – The invasion of Ukraine by Russia caused an explosion in the price of hydrocarbons. This crisis is frequently compared to the first oil shock. Fortunately, she doesn’t have the violence.
One of the other major problems, Mr. President, currently, for all French people, is oil. Some wonder if we are telling the truth to the French when it comes to oil…” The journalist, Jean-Marie Cavada, is insistent. In this winter of 1973, the country sinks into anxiety. Two months earlier, the Organization of the Petroleum Exporting Countries (OPEC) imposed an oil embargo. Energy prices soar, taking with them dreams of eternal post-war prosperity.
Rumors evoke the immobilization of car traffic, an interruption of heating in hospitals, the ruin of industrial activity… Despite the illness that is eating away at him, Georges Pompidou tries to remain good-natured. The former teacher appeals “to this traditional virtue, it seems, of the French people which is the spirit of economy. Let’s save gasoline. Let’s save electricity. Let’s save heating. May all French people help government action…
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