Tuesday, 19 September, 2000, 17:05 GMT 18:05 UK Ration warning over fuel panic
Petrol may have to be rationed if motorists continue to panic buy, oil companies have warned.Unfounded rumours that blockades were about to be reintroduced caused huge queues at garages around the UK. The police, the government and oil firms appealed for calm.
The rumours, which started in South Wales, have spread rapidly to other parts of the country, leading to a warning from the Petrol Retailers Association that the situation could become "extremely serious". [snip]
The panic buying began when an inaccurate report on a local radio station in South Wales, Red Dragon FM, on Monday, said fuel protesters were about to restart their action.
BP warned that if the panic buying continued, the 46 sites previously designated for emergency only might once again have to be closed to the public.
It just amazes me that few people talk about that aspect, they just talk about that $400,000,000 retirement package (which was absurd) and oil company profits (nine cents on a gallon vs. fifty cents federal tax.