• Short Summary

    Motorists in Belgium today (Monday, 25 March) began to feel the bite of petrol shortages, as major oil companies continued their ban on refining in an attempt to pressure the Government into allowing steep price increases.

  • Description

    Motorists in Belgium today (Monday, 25 March) began to feel the bite of petrol shortages, as major oil companies continued their ban on refining in an attempt to pressure the Government into allowing steep price increases.

    Many petrol stations were closed because of lack of supplies and those that were open were limiting customers to 100 or 200 Francs (one or two pounds sterling) worth.

    The oil industry has told the Government that recent spectacular increases in crude oil prices should be passed onto the consumer. The companies are demanding minimum price increases of 50 per cent.

    But the Government, which has only caretaker status while another one is formed following elections on 10 March, wants to leave the problem over until the beginning of May for the new administration to handle.

    The Cabinet met this morning to discus the oil companies' claims, but failed to reach a decision.

    Newspapers in the capital, Brussels, said the country faced a complete industrial shutdown and economic chaos unless the refineries were back in action within a week or so.

  • Tags

  • Data

    Film ID:
    VLVA1GWUR374EKOC989AQ6H8WUUBB
    Media URN:
    VLVA1GWUR374EKOC989AQ6H8WUUBB
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    25/03/1974
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:31:00
    Time in/Out:
    /
    Canister:
    N/A

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