m4rmite
Prominent Member
ConclusionI don't doubt there is an element of profiteering, but the truth is that UK and European kerosene price is linked to jet fuel price and because the UK (and Europe) has limited storage and reduced refinery capacity (two closed in UK last year) and most oil companies are small, family-owned businesses with little or no storage capacity of their own and so they and we are at the mercy of the Eurozone kerosene spot price. And most of the UK's and Europe's kerosene is currently stuck the wrong side of the Strait of Hormuz and refineries in the Gulf are cutting back on production (for understandable reasons).
Fuel terminals in the UK must follow strict regulations regarding storage duration, safety, and environmental impact. A minimum storage period of 60 days is advisable to ensure compliance and maintain fuel quality.
After the year 2000 fuel strikes, rules were changed.
So as long a fuel keeps arriving then there shouldn't be any shortages.