Since the First Oil Crisis in 1973 there has been a world-wide decline in rates of economic growth.

Designed to be the biggest oil-fired power station in Europe, designed and started before the First Oil Crisis of 1973–74 and succeeding rises in the price of oil, it was originally estimated to be completed by 1979, and the cost was estimated at £209 million.

As we all know, since 1974, in the wake of the First Oil Crisis, the demand for steel has fallen steadily, but it was not until we came to office in 1979 that BSC was allowed to make significant progress to reduce capacity and manpower to reflect the lower levels of demand.

Between the foundation of the Common Market and the First Oil Crisis - a period of about 14 years - growth throughout the Community averaged about 4·6 per cent.

Equally incredible is the fact that we are discussing future plans for the coal industry on the basis of a plan agreed in 1974 and drawn up before the impact of the First Oil Crisis in 1973 had hit the world, before the second oil crisis, before North sea oil came on stream and before the drop in demand in the 1970s.

I asked him how many Government advance factories built since the First Oil Crisis had been equipped with boilers fired with fuel other than oil.

We then had the Labour Government of 1974 and the First Oil Crisis.

It goes back to the First Oil Crisis of 1973.

There were scare stories about 15 or 20 years ago, at the time of the First Oil Crisis, that oil was running out and we had to have massive energy-saving measures.

Using waves as a method of electricity generation received a lot of research funding in the 1970s, just after the First Oil Crisis.

One reason for that is that Sweden, unlike most other industrial countries, took action in the First Oil Crisis of the 1970s.

There was an unseemly scramble to get the oil and gas into production against the background of the First Oil Crisis and the foundation of the Organisation of Petroleum Exporting Countries.