UK Energy Crisis Explained : Why Are Brits Panic Purchasing Petrol?

UK Energy Crisis Explained : Why Are Brits Panic Purchasing Petrol?

UK Energy Crisis Explained : Why Are Brits Panic Purchasing Petrol? The recent images of Brits queuing for gas highlighted a major supply chain challenge in the country.

The problem? 

The UK has an estimated shortage of 100,000 truck drivers, disrupting deliveries around the country and leading to a frenzy of panic buying.

According to the Road Haulage Association, the main factors contributing to the truck driver shortage are:

COVID-19 – Many drivers who went back to their home countries during lockdowns have not yet returned.

Brexit – Uncertainty about their rights to live and work in the UK has prompted many others to return to their countries of origin.

UK Energy Crisis Explained : Why Are Brits Panic Purchasing Petrol?

Retiring drivers – The average age of a heavy goods vehicle driver (HGV) is 55. Less than 1% of drivers are under 25.

Test shortages – In addition, only 15,000 new drivers completed their training in 2020 compared to 40,000 in a typical year.

Furthermore, the RHA called on the British government to make HGV driver training more accessible and affordable. Some employers have had to raise wages by 25% or more to retain drivers.

Did you know? The UK economy is currently the 5th largest economy in the world.

In conclusion, many analysts are worried that the entire European Economic Region will have an energy shortage or crisis. As a result of Vladimir Putin’s desire to stoke conflict by way of cutting off the Natural Gas Russia provides to Europe. Moreover, Natural Gas that is so vital to an area without any energy independence.

NASA Astronaut Rhea Seddon : First Female Astronaut Class of 6 Member
UK Energy Crisis Explained : Why Are Brits Panic Purchasing Petrol?

Leading Artificial Intelligence and Financial Advisor – Rebellion Research