Fuel Crisis

[River Don]

Ireland is planning a new lockdown.

Not because of Covid but because they are running out of fuel. They plan to demand people who can work from home and stop all non essential travel.

Meanwhile the RAC is saying motorists and business in the UK need more help with fuel costs.

[drfcdrfc]

Makes perfect sense.

Which is why nothing like this will happen under the present government.

[River Don]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

[River Don]

The RAC expect petrol to top £1.80 a litre on average this week while diesel will go to £1.90.

[rich1471]

On Bentley road petrol and diesel both £1.90 a litre ,using my ebike for work from tomorrow and I only do 9 mile a day

[drfchound]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

This comes at a time when the Irish are considering changing cars to drive on the right side of the road.
If a three month trial is deemed to be successful then they will switch the lorries and busses as well.

[big fat yorkshire pudding]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

This comes at a time when the Irish are considering changing cars to drive on the right side of the road.
If a three month trial is deemed to be successful then they will switch the lorries and busses as well.

Genuinely, why?  I've never thought about it much but does it make much difference?

[BillyStubbsTears]

I assume that LHD cars are cheaper? On the principle of economy of scale.

[normal rules]

Fuel on the continent is much more expensive than here.
I saw €2.52 a litre for unleaded over the weekend in Netherlands. That’s over £2.20 a litre.

[turnbull for england]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

This comes at a time when the Irish are considering changing cars to drive on the right side of the road.
If a three month trial is deemed to be successful then they will switch the lorries and busses as well.

for

I think this has to be read in a Bernard Manning /Jim Davidson style

[mugnapper]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

This comes at a time when the Irish are considering changing cars to drive on the right side of the road.
If a three month trial is deemed to be successful then they will switch the lorries and busses as well.

Ba dum tish!! Just a clue for those who don’t get it!!!

[Bentley Bullet]

I got it Hound! 

[drfchound]

Cheers boys.
I had to chuckle at the couple of serious responses.

[BillyStubbsTears]

The Telegraph are also reporting the Irish are considering lowering the national speed limit and rationing petrol and diesel.

It sounds a bit desperate over there.

This comes at a time when the Irish are considering changing cars to drive on the right side of the road.
If a three month trial is deemed to be successful then they will switch the lorries and busses as well.

Ba dum tish!! Just a clue for those who don’t get it!!!

Gah! Got me.

[scawsby steve]

Hound, are you here all week?

[Nudga]

All by design.

"You'll own nothing, but you'll be happy"
WEF

[big fat yorkshire pudding]

Cheers boys.
I had to chuckle at the couple of serious responses.

Doh!

[River Don]

Spiralling fuel prices have forced the permanent closure of one of the UKs two artificial fertiliser factories in Chester.

Serious stuff. Farmers are concerned.

"This will affect all sorts of things. If we don't have access to nitrogen fertilisers it affects everything from the cost of milk and meat products on the shelves to the price of bread because milling wheat needs the high protein level you get from nitrogen. Then you have to import grain and there's a shortage of that because of the crisis in Ukraine.

"Then there are the knock-on effects. Carbon dioxide is a byproduct and it is also valuable for the food supply chain. The whole food chain grinds to a halt if the carbon dioxide is now unavailable, from meat processing plants not being operational to hospitals having to cancel operations because they use it for surgery. We have a resilience issue now. The fact that Billingham has lost a twin means there's only one factory producing now rather than two."

The NFU has warned high fertiliser prices will deter farmers from growing the wheat required for making bread. The cost of fertiliser has risen from around £200 per ton before the pandemic to around £625 per ton in recent months.

[River Don]

The price of filling a tank of petrol is expected to hit £100 for the first time on Thursday as the cost of living crisis deepens.

Petrol prices have risen by 2p per litre - the biggest daily jump in 17 years - which left a full tank for the average family car costing £99.40.

[SydneyRover]

It's a little late to turn the bus around now but deregulation and cuts to services is showing to be a bit of a disaster.

[River Don]

Surging prices are causing the biggest hit to incomes since the 1950s. Inflation has rocketed to a four-decade high of 9pc in April and is expected to hit double figures in the coming months.

Consumer confidence has plunged to a 50-year low as it was confirmed that the energy price cap would surge by another 46pc in October to £2,879, forcing Rishi Sunak to swallow his pride and intervene with a £15bn support package.

[SydneyRover]

For a start i think government are going to have to eat an economy sized shit sandwich and relax restrictions on foreign workers to see if they can fire up the economy.

[River Don]

For a start i think government are going to have to eat an economy sized shit sandwich and relax restrictions on foreign workers to see if they can fire up the economy.

Doesn't that just add to the burden? It's affordable energy we need.

[SydneyRover]

For a start i think government are going to have to eat an economy sized shit sandwich and relax restrictions on foreign workers to see if they can fire up the economy.

Doesn't that just add to the burden? It's affordable energy we need.

The economy is in crisis due to many factors and that problem has to be addressed at some point, sort of like now, fuel prices are only going one way atm. With a supersized nutjob at the helm and a relatively inexperienced treasurer, I don't want to add to the gloom but they need to make a start.

[River Don]

For a start i think government are going to have to eat an economy sized shit sandwich and relax restrictions on foreign workers to see if they can fire up the economy.

Doesn't that just add to the burden? It's affordable energy we need.

The economy is in crisis due to many factors and that problem has to be addressed at some point, sort of like now, fuel prices are only going one way atm. With a supersized nutjob at the helm and a relatively inexperienced treasurer, I don't want to add to the gloom but they need to make a start.

There are a few factors but a squeeze on energy supply is clearly very dominant.

There is no way this inflation is brought about through over buoyant demand.

[SydneyRover]

This crisis although very relevant to recent events has also been bubbling away for some time, that successive governments have made deliberate decisions to use ideology over proven economic pathways has left little room to move. The economy was driven down with Austerity and institutions defunded, de-staffed and a there is a large cohort of working poor. Brexit probably has been the tipping point where the economy has proven to be totally unprepared for the Ukraine shock and a government awol. The economic rebuild has to start, the govt has all the information and treasury to advise them they need to get on with it.

[BobG]

But the table talk now is that Boris, and the Tory party, are seriously thinking about more tax cuts. Boris, because it will encourage MP's to support him who are nervous about the result of a GE, and the public because they will think Boris is a jolly fine fellow.

Economic madness solely in the pursuit of power. Even having the conversation shows just how narrow minded and power crazed this party and its leader has become. We would be heading down the same road as the Greeks did.

BobG

[River Don]

This crisis although very relevant to recent events has also been bubbling away for some time, that successive governments have made deliberate decisions to use ideology over proven economic pathways has left little room to move. The economy was driven down with Austerity and institutions defunded, de-staffed and a there is a large cohort of working poor. Brexit probably has been the tipping point where the economy has proven to be totally unprepared for the Ukraine shock and a government awol. The economic rebuild has to start, the govt has all the information and treasury to advise them they need to get on with it.

We seemed to be emerging from the pandemic pretty well last summer. Best growth in the G7 and all that. Forecasts were positive.

It was September last year when things went wrong. That was when the gas price exploded (immediately putting the UKs Fertilizer producers under severe pressure)

That was when Putin started turning the gas taps off to pressure Germany and the EU over Nordstream 2.

[SydneyRover]

Albeit with deep economic problems and a strangled trading environment.

[SydneyRover]

You cannot walk away from the wealthiest trading bloc in the world (without having an equally large one in waiting) sitting right on ones doorstep and not expect repercussions.