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Panic at the petrol pumps: War-gaming the oil shock of 2022

If  a dire supply crunch does come to pass, a reduction in consumption could alleviate the worst of it, some experts believe

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On Monday, the Irish Independent reported details of a confidential oil emergency exercise held by the Government and state agencies. Photo: Depositphotos

On Monday, the Irish Independent reported details of a confidential oil emergency exercise held by the Government and state agencies. Photo: Depositphotos

'While Ireland does not have direct exposure to Russian gas and oil, the country is fully exposed to the global price hike that would ensue if an oil embargo was implemented,' says Environment Minister Eamon Ryan

'While Ireland does not have direct exposure to Russian gas and oil, the country is fully exposed to the global price hike that would ensue if an oil embargo was implemented,' says Environment Minister Eamon Ryan

People queuing for petrol in Dublin in the mid-1970s. (Part of the Independent Newspapers Ireland/NLI Collection)

People queuing for petrol in Dublin in the mid-1970s. (Part of the Independent Newspapers Ireland/NLI Collection)

Ger Hyland

Ger Hyland

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On Monday, the Irish Independent reported details of a confidential oil emergency exercise held by the Government and state agencies. Photo: Depositphotos

During the oil shock of 1979, sparked by a drop in oil production in the wake of the Iranian Revolution, a young Ger Hyland managed his father’s trucks and vans in the queue for diesel at a petrol station in Co Laois.

Our local village had the biggest storage capacity for fuel in Leinster and I’d move the vehicles to keep them going in the queues,” says Hyland, who now owns Hyland Transport and is vice-president of the Irish Road Haulage Association (IRHA).


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