Quote:
Originally Posted by nicktyler
Thats the point. If they went bust because there was not enough demand for their product then how is there going to be a crisis and a shortage of their product? They went bust because nobody wanted it in the first place.
How does that make sense? The only reason for a sudden increase in demand would be the media paniking everybody to buy fuel.
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From crude oil you get 40% petrol to 23% diesel.
To produce enough diesel you have to buy far more expensive crude oil and you are left with far more petrol than you need.
More and more diesel is being sourced from abroad pushing the cost up. Now other countries are using more too, so they have less to sell us pushing the cost up and this will only get worse.
Losing one of the UK refineries will also have an impact.