UK Petrol Pumps Run Dry as British Government Invokes Emergency Measures

The UK has eclipsed into a state of chaos over the weekend, as nearly 90% of fuel pumps run dry across major cities after consumers delved into a panic-buying frenzy.

According to the Petrol Retailers Association (PRA), which represents independent petrol retailers across Britain, numerous fuel stations have run out of supplies after consumers began stockpiling reserves over the weekend even as the government assured that there was nothing to be concerned about. “We need some calm… if people drain the network then it becomes a self-fulfilling prophecy,” explained PRA executive director Gordon Balmer to Reuters.

The PRA’s members— which account for nearly 65% of all forecourts across the country— reported that 50% to 90% of pumps are empty in some regions, as shortages become even more widespread. The PRA’s comments come shortly after the UK government assured that there would not be any fuel shortages, and that consumers should carry on making their usual fuel purchases. However, it appeared that the government’s advice was thrown in the trash bin, because lineups formed at petrol stations across the country over the weekend, forcing some retailers to even close early due to unprecedented demand.

The UK is facing a major fuel shortage as of late, as a lack of qualified truck drivers threatens to slash petrol deliveries even more. The British government announced a series of emergency measures over the weekend to help tackle the crisis, including issuing temporary work visas for nearly 5,500 truck drivers, as well as discontinuing competition laws to authorize operators to receive fuel from rival suppliers.


Information for this briefing was found via Reuters and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

UK’s Newest Sanctions List Includes Russia’s Second-Richest Man, Putin’s Cousin

The UK added new names to its growing list of sanctioned Russian oligarchs, including Moscow’s...

Thursday, June 30, 2022, 10:34:00 AM

UK Unveils Refinery Protection Plan as Carbon Costs Threaten Industry Survival

The UK government announced plans Sunday evening to shield its remaining oil refineries from rising...

Monday, February 23, 2026, 02:12:00 PM

US Diesel Crisis: Fuel Company Warns of Widespread Diesel Shortages

Fuel supply company Mansfield Energy is sounding the alarm over a diesel shortage that is...

Monday, October 31, 2022, 10:40:47 AM

July 22 Doomsday: Gazprom Cannot Guarantee “Good Functioning” Nord Stream Pipeline, Points To Turbine In Repair From Canada

As the Nord Stream 1 pipeline undergoes its scheduled 10-day maintenance, all eyes are on...

Wednesday, July 13, 2022, 01:32:00 PM

BASF Permanently Reduces Operations in Europe Due to Surging Energy Costs, Tighter Regulations

Global chemical producer BASF is quickly cutting back its European operations as surging energy costs...

Wednesday, October 26, 2022, 01:28:06 PM