Oil strike hits Shell June 14th, 2008

The strike by oil tanker drivers is impacting on Shell petrol stations throughout the country and is likely to have a knock-on effect to other forecourts as Shell garages run out of fuel. Shell say their contingency plans are working well and people are not panic buying. However when people are told not to panic buy, they invariably do and it has to inevitable that fuel stocks start to run low.

The drivers have hinted that there could be another strike next week, which is surely going to hit home harder as there could well be insufficient time to replenish all stocks used this weekend.

Whilst most people agree that the drivers should earn a decent wage, many would argue that the £41,500 offer on the table is more than generous and that the drivers are just being greedy. After all, what other industry will be offering employees a pay rise of around 7% this year?

Bookmark and Share

Tags:
Posted in Economics, Oil and Gas |

You can leave a response, or trackback from your own site.

One Response to “Oil strike hits Shell”

  1. bullmarkit.com Says:
    June 17th, 2008 at 1:13 am

    Oil strike hits Shell…

    There’s still no deal been reached with the Shell tanker drivers and so there could be another strike this weekend….

Leave a Reply



  • Selection from Glossary

    • SIPP
      A SIPP is a Self Invested Personal Pension. As the name suggests it offers the investor the opportunity to choose the asset classes it invests in, including stocks, bonds and commercial property. Once regarded as only suitbale for wealthy investors, SIPP investment charges are falling and some schemes are readily available most investors.