I think it's the government... but a reasonably functional supply chain won't let this happen. Most people do not panic by news; but they'll panic buy when they find out that some stations have run out of fuel.
I think it's the government... but a reasonably functional supply chain won't let this happen. Most people do not panic by news; but they'll panic buy when they find out that some stations have run out of fuel.
One particular agency that has a big market share in the industry seems to be the issue (he said). Seems like they lost tons of drivers and havent raised salaries to meet lowered interest from truckers who can now make the same money from not carrying what’s effectively a mobile bomb.
> Mr Madderson said a government media leak on BP’s earlier decision to restrict fuel deliveries to about 100 of its 1,200 stations had been largely responsible for the mayhem.
> “That leak to a broadcaster has brought about the quite catastrophic situation we’re now in, where there is panic buying,” he said.
the UK has ~8500 petrol stations... around 1% had a shortage before the media amplified everything
No reasonable supply chain will withstand panic buying
https://media.fyre.co/cZHuurMUTRyvkgongrtq_the-sun-front-pag...