This week, there are lengthy queues outside petrol stations in Britain, as desperate motorists try to secure fuel for their cars. The companies that supply petrol stations say there is a shortage of lorry drivers to transport fuel from the refineries and that the government needs to offer visas to foreign drivers to meet demand. The government, not wanting to accept that its policy on immigration – linked inevitably to the way it managed the UK’s exit from the EU – is the source of the problem, says that there is no shortage of fuel in the country. Unsurprisingly, as soon as government ministers deny that there is a shortage, some drivers assume they are lying and head to the petrol stations to fill up. Many others, seeing growing lines of cars, waiting at the pumps, worry that they will lose out unless they join; so, they do. Whether or not there was a serious problem a few days ago, there is certainly one now.
Queues of irate drivers waiting impatiently to buy petrol makes for good television and newspaper coverage, which has temporarily displaced the story of the other, more serious energy crisis from the headlines. Natural gas is a major source of energy for the UK, with more than four out of five households reliant on gas for heating their homes and around a third of wholesale electricity produced by burning gas. Prices have risen dramatically over the past twelve months, for example, the ICE’s NBP Natural Gas Index has risen from 33.5 to 213. Whether this price spike will be temporary is unclear, but it has become a political problem for the UK because of the way in which energy prices are regulated.
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