Friday, September 24, 2021

Petrol, panic and perception

 Here we go again. Another news story blown up out of proportion with serious consequences for huge numbers of people. Nine years ago the fears of a tanker drivers' strike (that never happened) created massive demand for petrol that saw many stations run dry and others besieged by long queues of motorists desperate to top up.Now, with a few BP stations having to close because of a shortage of tanker drivers, the fear has returned, generating the self-reinforcing "rational" behaviour of drivers queuing to fill up because they don't want to be trumped by all the other drivers queuing to fill up because they don't want to be the ones left out repeat ad nauseam.

 These are some of the typical comments on the Ruislip Facebook group posted today:




The cause of the shortage of tanker drivers is, of course, Brexit which at a stroke forced large numbers of drivers to return home but provided no home-grown replacements. We learned today from the hapless "Minister of Transport" that his department is considering whether temporary visas might help' naturally the most dysfunctional government department, the Home Office, is unhappy and will probably block it on the grounds that the British people voted to take control, or something.

Wholesale gas prices have increased sharply and shortages of other workers is pushing up inflation,  President Biden  has made it clear to prime minister Johnson that the UK is not in any sense a priority for a trade deal, a headline I saw in passing on one of the Irish daily papers stocked by my supermarket noted that UK exports to Ireland were down a third since Brexit, and now the media are raising alarm about whether the shelves will be fully stocked for Xmas. Jeepers. We really are the guys, aren't we?


 

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