Podcasts · Coffee House Shots

Energy crisis: are we in 1973 territory?

· 9:33

Episode Energy crisis: are we in 1973 territory?

0:00 9:33

The panic has set in around the cabinet table about this energy crisis, and fears of history repeating itself. Tim Shipman writes in the magazine about the comparisons being made to 1973 and the Opec oil shock, with the government preparing for oil prices to reach £150 a barrel. What levers are available to the government to ease the economic fallout and 1970s-style inflation? And why is it that the UK is so uniquely impacted by this crisis?

Oscar Edmondson speaks to Tim Shipman and Michael Simmons.

Produced by Oscar Edmondson.

Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.

For more Spectator podcasts, go to spectator.co.uk/podcasts.

Contact us: podcast@spectator.co.uk

Hosted on Acast. See acast.com/privacy for more information.

The episode on the publisher’s site (opens in a new tab)

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.