Are you panic buying for the massive Fuel Shortage?

Are you panic buying for the massive Fuel Shortage?

  • Yes

    Votes: 19 13.6%

  • No

    Votes: 106 75.7%

  • I am the Saudi prince(ss)

    Votes: 11 7.9%

  • Other

    Votes: 4 2.9%
  • Total voters
    140
Went to another Engen without any issues
 
Filled up the car as it was low and a jerry can to keep in case of an emergency. Running out of fuel in SA is not just a pain its a big safety risk.
I doubt I'll fill more jerry cans though one should be fine to get me through any dry spots.
 
I am stocking up, got a diesel Bowser that I deliver diesel with, it's on 500L at the moment, will top up to 1000L before the price goes up. I need 1 tank a week at least, 60L, for my work Caddy, will try and ride the wave like that.
 
Both vehicles filled up today since they were empty, had to get petrol for mower and then decided to fill up two jerry cans with diesel.
It was very expensive shopping.

Work is 7 minutes away so I can bike or walk if I wanted, also bosses are preparing for work from home.
Wife's work is more of a problem but lets see how it goes.

Biggest issue is that everything will be more expensive.....
 
Viral video shows diesel sold for over R29 in Durban fuel price shock

Although petrol and diesel prices are currently at four-year lows, the conflict in the Middle East means South Africans are likely to see record increases from next Wednesday, April 1.

However, some fuel stations appear to be selling diesel at significantly higher-than-average prices.

A viral video posted by IOL’s sister publication, The Post, appears to show diesel being sold for R29.85 at a station in Umhlatzana, Durban.

While this would not be possible with petrol, given that this fuel’s retail price is regulated, diesel prices are not directly fixed by government in the same way as petrol, allowing more pricing flexibility for retailers.

The wholesale price of 50ppm diesel is currently listed at R17.84 at the coast, and R18.60 in the inland regions, and retail and wholesale markups are usually in the region of R2 to R3 combined, meaning diesel would typically be expected to retail for around R21.60.

However, it’s usually not simply a “free for all” for fuel stations as factors such as market dynamics, competition and brand pricing policies usually “indirectly” regulate diesel prices.


https://www.tiktok.com/video/7620117140997246224

1774263060268.png
 
FiestaST said:
Viral video shows diesel sold for over R29 in Durban fuel price shock

Although petrol and diesel prices are currently at four-year lows, the conflict in the Middle East means South Africans are likely to see record increases from next Wednesday, April 1.

However, some fuel stations appear to be selling diesel at significantly higher-than-average prices.

A viral video posted by IOL’s sister publication, The Post, appears to show diesel being sold for R29.85 at a station in Umhlatzana, Durban.

While this would not be possible with petrol, given that this fuel’s retail price is regulated, diesel prices are not directly fixed by government in the same way as petrol, allowing more pricing flexibility for retailers.

The wholesale price of 50ppm diesel is currently listed at R17.84 at the coast, and R18.60 in the inland regions, and retail and wholesale markups are usually in the region of R2 to R3 combined, meaning diesel would typically be expected to retail for around R21.60.

However, it’s usually not simply a “free for all” for fuel stations as factors such as market dynamics, competition and brand pricing policies usually “indirectly” regulate diesel prices.


https://www.tiktok.com/video/7620117140997246224

View attachment 1895532
Click to expand...
When the prices comes back down again, people must boycott these stations so they can go bankrupt or suffer as much as they make others suffer.
 
Australia has run out. Lots of dry stations, and reports in of cars having their fuel drained overnight or something. Have not heard of any real shortage in SA yet.
 
Grubscrew said:
The average, fuel using South African, doesn't really have the means to stockpile.....
Click to expand...
jerry-springer-show.gif
 
Diesel wholesalers can't wait to sell the diesel they bought in March for April prices. Any form of "shortage" is due to arbitrage taking place.
 
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