Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Anger is also spreading rapidly to other sectors, including transport and agriculture, which have also been heavily hit by the price increases.
In France, thousands of farmers demonstrated and blocked oil depots throughout the country. At the same time, dairy farmers in Germany went on strike, blaming rising fuel prices for pushing up their operating costs while the retail price of milk is actually falling after the EU raised production quotas by 2% (EurActiv 07/02/0. They were followed by farmers in Austria, Denmark, Holland and Belgium.
Truck and taxi drivers also blocked the streets of London, Paris and Sofia last week, calling for government help.
Posted: Mon Jun 16, 2008 10:28 am Post subject: Re: Europe Fuel Shortage Reports
The Shell subcontractor tanker drivers' strike is finally affecting supply in the UK. Two Shell petrol stations that were open last Friday were empty and shut on Sunday.
This morning one was running again. Overnight delivery must have come in. It was empty and shut mid-afternoon, within 7 hours. Who knows, maybe by lunchtime.
The rest seem to be doing OK. Traffic seems normal too. Officials say daily demand is up by a quarter or a third, so a chunk of the forecourt inventory is being transferred to the consumers' own inventory faster than it can be topped up. There is a limit to how much can be withdrawn in this manner of course. However, with a second 4-day strike possibly taking place at the end of this week, the distributors may not have the transport capacity to rebalance the system immediately. _________________ Volatility. When life isn't exciting enough.
See, public service broadcasting has its uses. Through the miracle of mobile internet and pocket GPS, panic queues can be redirected across a city in real time. I remember in 2000 this was done through radio phone-ins - our technological marvels bring a tear to my eyes. _________________ Volatility. When life isn't exciting enough.
Posted: Mon Jun 16, 2008 7:43 pm Post subject: Re: Europe Fuel Shortage Reports
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PETROL stations in the Capital are beginning to feel the strain of the fuel tanker drivers' strike, with some pumps already completely dry.
Talks were set to be held today in a bid to resolve the dispute, which has led to hundreds of workers going on strike since Friday morning.
The drivers are due to return to work tomorrow at 6am, but petrol stations say they do not know when their
Garage forecourts were running dry over the weekend as motorists queued to fill up their vehicles.
Both major Sainsbury's stores were out of fuel by the end of trade on Saturday, their forecourts lying deserted.
A spokeswoman from the Alphington store said the fuel stations had closed on Saturday night as the shops called it a night. And she confirmed they had not opened in the morning.
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