An energy crisis “comparable in intensity and brutality to the oil shock of 1973”. The words of Bruno Le Maire illustrate the earthquake caused by the spectacular rise in gas and oil prices following the war in Ukraine. As more than forty years ago, this inflationary fever threatens the stability of our economies and the purchasing power of consumers.
As the election campaign enters its home stretch, the government has chosen to respond with a new version of “whatever it takes”. On Saturday, Jean Castex announced a discount of 15 cents per liter of fuel. The measure will cost around two billion euros if prices remain at this same level. A sum to add to the 20 billion already devoted since October to try to stem the effects of the continuous rise in energy prices.
While it is essential to support the most modest households, those for whom it is simply not possible to lower the temperature by one degree, there is one dimension missing at the government level: a mobilizing speech to encourage all those who can reduce their own energy consumption. By lowering their speed on the motorway, for example. This dimension is all the more important in that the State’s budgetary effort is unsustainable in the long term for public finances, while the feverish surge that has gripped gas and oil prices could reproduce well. Firstly because the war is likely to last, and because the ecological transition of our economies can only increase energy costs. The best support given to households is that which enables them to reduce their energy consumption.