British Fuel Shortage Escalates Amid Panic Buying

NBC News reports:

BP said nearly a third of its British gas stations had run out of the two main grades of fuel as panic buying forced the government to suspend competition laws and allow firms to work together to ease shortages. Lines of vehicles formed at gas stations for a third day running Sunday as motorists waited, some for hours, to fill up with fuel after oil firms reported a lack of drivers was causing transport problems from refineries to forecourts.

Some operators have had to ration supplies and others to close gas stations. Transport minister Grant Shapps had earlier appealed for calm, saying the shortages were purely caused by panic buying, and that the situation would eventually resolve itself because fuel could not be stockpiled. Others pinned the blame on Brexit and poor working conditions forcing out foreign drivers.

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