Are diesel pumps running dry?

Moped

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There are long queues at fuel station pumps in Spain. We are touring around and are a little concerned that when we next require diesel there will not be any available or it will be in limited supply.

For those currently touring anywhere in Europe including the UK and Spain how are you finding the diesel situation?

We also need refillable LPG/GPL also hopefully this will not be an issue when it is required.

Yes I know mass panic and all that by the lemmings but hopefully this topic will not exacerbate the situation!
 
Huge queues at Costco, Gateshead this afternoon. It is usually busy due to the lower prices but according to the Wife it was manic. We were low on petrol anyway so the Wife had no option.
 
Not seen any queues myself but word in the pub earlier was yes, people are panic buying.

As it goes I filled the MH end of last week, 4x4 was filled yesterday (always fill up when it goes to Tesco)

But my main car is an EV.
 
I filled my truck to the brim, and my Jerry can on Monday morning. There were no queues then. With the events unfolding over the weekend it was obvious which way fuel prices will be going. I was surprised to find no queues and only half the pumps in use.
 
Road fuel and heating through the roof today, c heating oil up £100 on 500LTRS overnight, we all know why, wosh bang all fall down. 😨
 
What’s interesting is the UK currently holds over 1.8million tonnes of derv.

The oil being bought from the Middle East will take 30 days+ to hit the forecourts, therefore the current price rises are just suppliers cashing in. If the Straights of Hormuz are open within 3 weeks Crude prises will fall and the current price rises will simply line shareholders pockets.
 
What’s interesting is the UK currently holds over 1.8million tonnes of derv.

The oil being bought from the Middle East will take 30 days+ to hit the forecourts, therefore the current price rises are just suppliers cashing in. If the Straights of Hormuz are open within 3 weeks Crude prises will fall and the current price rises will simply line shareholders pockets.

You can't beat a bit of profiteering Kev. :(
 
What’s interesting is the UK currently holds over 1.8million tonnes of derv.

The oil being bought from the Middle East will take 30 days+ to hit the forecourts, therefore the current price rises are just suppliers cashing in. If the Straights of Hormuz are open within 3 weeks Crude prises will fall and the current price rises will simply line shareholders pockets.
But there is a spot market and a forward market, so this week's deliveries may have been purchased much earlier. Spot lpg prices rose 7% yesterday and 7.2% today, and speculators will be buying/selling depending upon their view on what will happen to prices. At the moment, oil is moving steadily higher daily [Brent Crude went past US$73 this morning], and there is uncertainty where countries such as China will be able to replace their long-term below market price oil supplies that have been sourced from Iran and Venezuela.

On the flip side, China controls the world supply of some rare earth minerals that power the US weaponry sensors, so, if Trump buggers about, the Chinese could retaliate by turning off the supply of the minerals. It's all going to get very messy ...

Steve
 
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