Comment
Comment by humps
As Brian Madderson, chairman of the Petrol Retailers Association, explained on BBC Breakfast this morning. This happened because a BP document was leaked to the media, which unsurprisingly got them excited about a possible shortage and led to the panic buying. Madderson also said the industry is used to dealing with about 2 million liters of fuel being required a week, but that's with typical weekly fill-ups. He suggested that's effectively doubled now as people fill their tanks to the brim, which you can't keep up with under any circumstances. So there's no shortage in the industry, only a shortage created by consumers changing their behaviour overnight.