UK fuel shortage worsens as industry chief warns ‘people will go without’
thenationalnews.com
thenationalnews.com
Did that ever work in any country?
It's a variant of "trust me", and that works if and only if the audience considers you trustworthy. So it wasn't terribly likely to work for someone like Boris Johnson, whose recent history chiefly consists of using bonmots to deflect blame for a series of failures. But it worked for Angela Merkel six years ago, when she said "wir schaffen das" about an impending crisis, and the great majority trusted her judgment.
But you can fill up gas cans, 5 gallon buckets, even plastic bags and buy a months worth of fuel in a day. Last time this happened in the USA I don’t even know what people were going to do with what they were buying, like a 250 gallon tank of fuel… resell it?
In at least some states in the US it is only legal to store it in approved containers, although I don't know if the gas stations would stop you if you tried to fill up a bucket or plastic bag.
https://app.croneri.co.uk/questions-and-answers/carrying-pet...
The fuel would not go to the people that need it the most, it will just go to the people that can afford to pay the most.
Market allocations happen not on need but on liquidity. In that aspect it's fundamentally inferior to that other mechanism that distributes according to need and from ability.
Now, I'm not sure at what target your dismissive statement was aimed. Communism? Socialism? The phrase "From each according to their abilities to each according to their needs" is a phrase with long tradition, with some attributing the phrase to Morelly[2], so much earlier than the 'canonical' origins of socialism or communism. And the idea goes back much further than that.
But I'm not actually of the opinion that ideologies cause or solve problems. People cause or solve problems. Ideologies simply give people the justification for their actions. Most of the time people just do their stuff and find an excuse later.
Instead we should try to find ways to apply certain ideologies where they make sense. Want to develop an emerging market? Sounds like a job for some capitalism. Need to maintain a shared infrastructure? Pretty sure that socialism will create better results.
What we can see is that especially with indispensable goods and services, capitalism does bad job as soon as it comes to shortages.
[0] http://jpr.sagepub.com/content/13/4/343.refs
[1] http://www.amazon.com/Violence-Reflections-Our-Deadliest-Epi...
Yeah, that would be a pretty stupid system, I wholeheartedly agree. In situations where there's not enough supply to a indispensable good, rationing seems the only logical approach.
The UK has strict rules on how much petrol/gas anyone can carry. Consequently this type of law works as an automatic rationing.
https://www.manchestereveningnews.co.uk/news/uk-news/law-rul...
So yes, "allowing supply and demand to work" is a stupid idea that patently does not work at all, as exemplified by the ridiculous toilet paper shortage of 2020.
IMO academia should research this. There are probably enough events + news on those events in this world. If the research is already done then I urge policy makers + mainstream media to read such research carefully.
This thing is simple. You build trust by being right, or you can use it (and perhaps wear it down) by relying on that trust. Sometimes when you use people's trust in you, you can resolve the problem using that trust as a tool, but if the problem happens anyway, you wear down your trust.
A particular kind of organisation suggested that there'd be problems due to lack of fruit pickers, government said no, the organisation turned out to be right and it could be seen in the shops. A similar kind of organisation suggested that there'd be problems with haulage and transport, government said the problems would be manageable and managed, the organisation turned out to be right and it could be seen in the shops. Now a third organisation is saying the same kind of thing, this time about 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.
No reasonable supply chain will withstand panic buying
> 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
https://media.fyre.co/cZHuurMUTRyvkgongrtq_the-sun-front-pag...
This is the UK we're talking about and it's nearly October. You'd struggle to power a flashlight from solar power at this time of year.
Edit: at least in the UK, they only claim green, not fully renewable.
You do raise a good point - as electricity is fungible, and the power grid is built, operated, and maintained by a national institution, then how can a particular energy provider promise that their power is more renewable than that from the the others? Otherwise, every time Bulb gets a new customer, we are supposed to believe that they get all the renewable electrons, and the power supplied to the rest of us is just a bit more fossil-fueled.
I do know the answer, and that is that those companies just buy and sell the various "pinky promise" certificates and accreditations that pass for being "renewable" and "carbon-neutral" , and have nothing at all to do with actually boosting the supply of renewables.
The UK is also suffering from a fuel shortage that is affecting electricity distribution, exacerbated by a heavy reliance on wind and an ongoing period of low winds.
Oddly enough, it's all the little "100% renewable" power companies that are going bust, when you'd think they were independent of natural gas prices.