It irritates me no end when I see long queues in petrol/gas stations - and know that these are almost always artificially created. Have we not got over this panic buying in anticipation of fuel price increases? Well, I guess we haven't...
But don't those responsible for setting the prices - the National Petroleum Authority (or whatever it is called now - I seem to lose track of all the incarnations) - know that in this environment you cannot let speculation take hold, or the rumour factories will immediate start operating, and then we the motorists and the users of any form of transport are once again "up the creek, without a paddle" or more appropriate with no fuel in our vehicles.
And will those who set policy and prices suffer, or spend time in queues? Not on your life. Those are the very people who have drivers who will go through the back door to make sure that "their" vehicles have fuel. After all, that is part of their job. Or rather it was in the bad old 1970s and 1980s.
Is it so difficult to monitor the world price of fuel on a weekly or bi-weekly basis, and just act accordingly? Or is it such a political risk?
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