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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: Doug R	5/28/2005 2:26:06 PM
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Sneak preview 2 Industries threatened as fuel crisis deepens By Bertha Shoko THE fuel crisis continues to deepen, literally grinding everything from the transport sector, small to medium businesses and industry in general to a halt, while the government has remained mum on the worsening situation. Fuel supplies ran dry in Harare and many parts of Zimbabwe last week with most service stations reporting that they last received the commodity a fortnight ago. Transport problems worsened in the capital from Wednesday, leaving thousands of commuters stranded in the city centre until late hours of the night. Hundreds of others trudged home on foot to far away destinations such as Chitungwiza and Mabvuku. Other commuters could be seen scrambling for places onto any form of transport available with little regard for their safety. The story was the same in major towns such as Mutare, Masvingo, Gweru and Bulawayo. On Wednesday army trucks were also spotted in the city ferrying passengers to their various destinations. From mid last week, many people failed to report for work on time while others failed completely as the fuel crisis worsened for the second time in as many months. The situation was further worsened by a combined government and Harare city council "clean up" campaign, which has resulted in the relocation of commuter bus drop off and pick up points to the outskirts of the city. Also not spared by the fuel crisis are small businesses and industry in general. Most companies and industries that depend on fuel for their core business had their operations disrupted as fuel supplies dried up. Even government agencies such as the Agricultural Rural Development Authority (ARDA) were also grounded by the fuel shortages. The fuel shortages affected essential services such as bread and milk deliveries while the long-term effects on industry and the economy at large, are profound. Economists last week attacked the relevant authorities for not coming out clean to the nation about the fuel crisis, saying it is national disaster that should be dealt with as a matter of urgency. Even as the fuel crisis deepened the Ministry of Energy and Power Development has failed to issue a statement to explain to the nation the extent of the problem. thestandard.co.zw

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