Friday, March 30, 2012

Silliness of Petrol

"This is, of course, extremely silly. Not individually silly—if there is a run on petrol it makes sense to get in the queue, just as it makes sense to pull all your money out of a bank during a bank run.

 But it is collectively silly. As motoring groups have pointed out, there is no overall petrol shortage; if everybody behaved normally, there would be plenty to go round, and no queues. Britons will get at least seven days’ notice of a strike (if it comes) so they really do not need to be panicking now.

The Guardian is directing readers to post their accounts of panic buying, and has linked to a map which indicates the silliest areas of the country. The commuter belt to the north and west of London is pretty silly, as are parts of the north-west. The south coast is silly. Scotland is not particularly silly. "


The words from the economist.  Read the complete article here  http://www.economist.com/blogs/blighty/2012/03/panicking-over-petrol

Recently we had a Tanker Lorry strike proposed by Indian oil Tanker Drivers in Kannur District. My area was identified as the most affected as the 90% trucks would invariably have to pass through Kannur and also that the striking fellas would warn they'd stop the non-strikers and their vehicles at any cost.

Luckily the strike was deferred, but it could not trigger such a fallout as the silliness of Britain.
Britain is one fantastic case study !


No comments:

Post a Comment