ive just been down to my local garage to get petrol and found queues of people all panic buying, Gordon Brown must be rubbing his hands with glee as all the extra revenue from this action flows into his coffers,one wonders if this whole situation has been contrived as a method of clawing back the financial imput The Bank of England has just implemented ,sounds a little “out there ” perhaps but nevertheless worth consideration or not?
By: FMK.6JOHN - 26th April 2008 at 13:48
Panic buying does not mean increased revenue, there is a rush to buy fuel and people fill there tanks earlier than normal (I normally fill mine once a week on a Friday) and then they conserve the fuel.
After the initial rush there is then a trough in sales which offsets the rush, it’s all relevant, just becouse there is panic buying of fuel it does not mean they are panic using it by making unnesacery journeys.
The media are making a total hash of this situation as normal, refineries have planned maintenance schedules that mean for several weeks of a year they shutdown to repair and maintain equipment, durng this period they are not producing fuel and keep the supply going with stockpiled reserves.
Regards,
John.
By: XH668 - 26th April 2008 at 13:37
ive just been down to my local garage to get petrol and found queues of people all panic buying, Gordon Brown must be rubbing his hands with glee as all the extra revenue from this action flows into his coffers,one wonders if this whole situation has been contrived as a method of clawing back the financial imput The Bank of England has just implemented ,sounds a little “out there ” perhaps but nevertheless worth consideration or not?
Saw the same out our local sainsburys pertol station, they said if we dont panic buy well have enough. Yet what do people do….so we wont have enough at this rate.
668
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April 26, 2008 at 12:57 pm