46K views · 357 reactions | Even though Australia is one of the world's biggest energy producers, the country's east coast is grappling with a gas crisis. Some manufacturing businesses have seen their bills soar in the past two months and they're surviving on a day-by-day basis. The increasing energy costs could add to Australia's inflation woes. Here's political reporter James Glenday. | 7.30 | Facebook
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The 1970s gas crisis forced automakers to rethink their rather bulbous lineups. By the middle of the decade, consumers interest in style and power waned as focused shifted to value and fuel efficiency. AMC’s answer? The Pacer. When it debuted in February 1975, AMC appeared to have an instant hit on its hands. More than 145,000 Pacers sold in their first year of production alone. Like the 70s, sales soon ran out of gas. Between 1976 and the end of 1979, the car averaged sales of about 35,000 unit
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202K views · 114 reactions | Like almost 50 years ago, Britain today faces double-digit inflation driven by soaring energy costs that will financially cripple the most vulnerable households. How did the government in 1973 cope back then? And what lessons can be learned? https://reut.rs/3prMOpS | Reuters | Facebook
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