En Español

Very usefull links


News links




Dow Jones

Oil price



Views and News





France's presidencial race 1st round up for grabs

Bloomberg Graphics

Melenchon 19% - Hamon 7.5% - Macron 23.5% -Fillon 19.5 % - Le Pen 22.5%
Source: The Bloomberg , April 19, 2017 / The Latest on France's Presidential Election

Petroleumworld 04 19 2017

France's presidential race enters its final stretch with no clear winner in sight as the main contenders scrap for votes in a flurry of campaign rallies.

“Everyone is petrified,” said Edouard Lecerf , head of the political department at polling firm Kantar Sofres. “The challenge for each of the four candidates is to seek new votes without alienating their base. French voters are like fish, like eels -- very slippery.”

With almost a third of the electorate still undecided, and the front-runners clustered around 20 percent in the polls for the first round on April 23, the race is the most unpredictable the country has seen in recent history. With two of the four candidates also hostile to the institutions of the European Union, the result of the runoff two weeks later will have far-reaching implications not just for France but for the region as a whole.

On Tuesday, centrist candidate Emmanuel Macron visited the wholesale food market that serves Paris, after addressing a crowd of more than 20,000 in the French capital the evening before. The far-right National Front's Marine Le Pen faced a smaller gathering in an auditorium in Paris on Monday and will be on an evening television news show on Tuesday. Communist-backed Jean-Luc Melenchon, who sailed through the center of the capital on a barge on Monday, will be addressing rallies in at least seven cities on Tuesday, using holograms for six of them. Republican candidate Francois Fillon held a rally in Nice on Monday and is holding another on Tuesday in Lille.

‘Galvanize the Troops'

According to Elabe's latest poll, released Monday, support for Macron stands at 24 percent, while Le Pen is at 23 percent. Fillon holds 21 percent, followed by Melenchon at 18 percent. Le Pen has threatened to take France out of the EU, while Melenchon wants to renegotiate the bloc's treaties, including the one that keeps the country in the euro. Macron would defeat any of his rivals in the runoff, the survey showed, so long as he can get there.

“They all have to try and win a point or two to make it to the second round without doing anything that could have negative repercussions," Lecerf said. “The idea is to galvanize the troops, give them the idea that victory is possible, and in doing so, bring back those who may have dropped off.”

For all the defensiveness, the four leading contenders haven't stopped taking swipes at each other.

In his speech Monday at the Bercy arena in Paris, Macron pulled no punches as he went after Melenchon's support for Latin American leaders like Cuba's Fidel Castro and Venezuela's Hugo Chavez, who have overseen widespread poverty. “For some, France will be Cuba without the sun or Venezuela without the oil,” he said.

Low Turnout

Fillon attacked Macron and Melenchon for making vague promises as he tried to continue his recovery after criminal charges sideswiped his campaign last month. “We begin to wonder which France Mr. Macron or Mr. Melenchon is talking about,” he said.

Fillon Tuesday kept up the attacks, saying on Europe1 radio that Le Pen's call over the weekend for a moratorium on legal immigration was “nonsense,” and that it would hurt France's economy. Le Pen said on RTL radio that her moratorium would last just a few weeks while measures were put in place that would achieve her goal of limiting immigration to 10,000 a year.

Meanwhile, Socialist President Francois Hollande, whom Fillon has accused of masterminding a plot against him, deplored the campaign's lack of substance in an interview Sunday evening with French TV France 5.

“What is talked about in this campaign? Legal cases, charges, so-called secret cabinets ,” said Hollande, who opted last year not to seek a second term as his approval rating plumbed record lows. “Events are put together, but where are the useful comparisons?”

While French voters have consistently showed up en masse for presidential elections in the past -- participation averages 80 percent over the past 50 years -- current projections show a good third of registered voters may stay home on April 23. According to Elabe, only 68 percent of the French are certain of casting their vote.

See: The Latest on France's Presidential Election

Story by Geraldine Amiel and Vidya N Root from Bloomberg.

bloomberg.com 04 18 2017

We invite all our readers to share with us
their views and comments about this article

Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels




Offshore Technology Conference

May 1-4, NRG Park
Houston, Texas, USA




Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld ™  / Elio Ohep - All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.