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Yes.
“artificial surge” in demand
Love that framing. The finger pointing is entertaining.
To be fair, when the refineries close to me would be burning and I drove an ICE car, I would fill up too.
That’s what I mean: That demand isn’t artificial in any way, it’s simple common sense.
They frame common sense as if it were a problem - which in the context of ruzzia definitely looks like their national pastime 🤔
It’s artificial, in that it is an artifact of Ukraine blowing up a bunch of refineries. It’s perfectly reasonable though. But yeah, their framing is stupid.
A few people get the idea that they can make a profit by hoarding the fuel and selling it during the pending shortage. Add in the average person filling up a few extra containers. Then there is a shortage from “increased demand”. The shortage from production will take a few days/weeks to work its way through the supply chain.
Russia doesn’t seem to be heading for a fuel crisis, it’s already there …
Reuters reports that Russia is set to import fuel by sea in June as it seeks to manage a gasoline shortage following extensive drone attacks on its refineries,
In a rare move for one of the world’s largest exporters of oil and refined products, Russia is expected to receive a cargo of gasoline via one of its western ports in June … It will be shipped from Asia, one source said, without providing details on volumes or suppliers.
And Russia’s state railway monopoly announced Wednesday [June 17] the creation of a specialized task force to manage fuel transportation across the country, according to the Moscow Times:
An increasing number of regions implement rationing measures amid a coordinated Ukrainian drone campaign against oil refineries and supply lines … In a statement, Russian Railways said the new task force will focus on maintaining steady deliveries of petroleum products while navigating a volatile “operational environment” — a standard euphemism used by officials to refer to the fallout from Ukrainian attacks.
Good idea to put all that oil to be gathered in one place. Drones don’t fly near water, right?
