# Oil crisis hits France (1973)

URL: https://history-france.com/timeline/1973-oil-crisis-hits-france
Location: France

Energy-price shocks ended the postwar era of uninterrupted rapid growth. Within the broader Fifth Republic period, The 1958 Constitution created a stronger presidency and a durable Fifth Republic. Decolonization, European integration, social change, economic shocks and recurring debates over identity, secularism and the role of the state have shaped contemporary France. At this point in the timeline, the relevant governing authority is Georges Pompidou (President of the French Republic). Oil crisis hits France mattered because it changed material life, state capacity, economic networks or France’s ability to project power. The event is positioned here so visitors can read it alongside changes in government, warfare, society, religion, culture and France’s wider international setting.

## Why it matters
Oil crisis hits France mattered because it changed material life, state capacity, economic networks or France’s ability to project power.

Ruler at the time: [Georges Pompidou](https://history-france.com/rulers/georges-pompidou)

## Sources
- [Wikipedia topic lookup — Oil crisis hits France](https://en.wikipedia.org/wiki/Special:Search?search=Oil+crisis+hits+France&go=Go)
- [Encyclopaedia Britannica topic lookup — Oil crisis hits France](https://www.britannica.com/search?query=Oil+crisis+hits+France)
- [Élysée — Institutions of the Fifth Republic](https://www.elysee.fr/en/french-presidency/the-institutions)