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The slight fuel driver shortage, or at the very least the lack of enough margin for contingencies, was what caused the first panic buying.
Well, that's debatable! The first panic buying was caused by a media intent on causing trouble to sell more media.
Somebody from the industry said (sorry, radio, no idea who they were) that we have plenty of fuel and enough tankers, so long as everybody just buys what they usually use.
No point in have contingencies for panic buying, as 999 weeks in every 1000 those contingencies would be sitting around doing nothing and costing money.