Panic buying sparks fuel crisis in Egypt

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Uploaded by on Jan 19, 2012

Egypt's Petroleum minister says the country's fuel crisis is under control - despite long lines at the pumps.

Queues at gas stations across the country have been common sights in recent days.

There is a shortage of all types of gas and diesel.

The crisis started when rumors began spreading that the government was about to raise the price of petrol, which is kept artificially low through heavy subsidies.

In recent months there has also been a butane shortage, also because of panic buying. That shortage eased and so too, analysts predict, will this gas one.

Al Jazeera's Sherine Tadros reports from Cairo.

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  • @AngryPenguin27 it "has" happened in the USA twice....1973 and one in 1978. Gas shortage. Unless you lived through it you can't imagine what it's like....pretty crazy

  • majority of peoples in the middle east are gay meerkats

  • OMG, NO don't borrow money for the IMF, this gas shortage is a setup, there is no shortage your being controlled..... hence the IMF being brought in to borrow you money its a set up, create a crisis, give a solution, set up a long term control, then your perpetually placed into debt based servitude to a foriegn controlled banking empire. withing 10years at 7% interest you won't have an economy, 7% compounded will double the cost of living in 10 years. OMG it happens everywhere you look........

  • Can't wait til this happens in the US. :-\

  • @yourtreat2 im reporting you to the FBI for what you just said. TERRORIST!

  • HA HA YOU bastards

  • @FIZZEL415 whitebacks came by boat you idiot HAHAHA

  • See what those NATO Zionists Jews did to the people living right next door to enough oil to drown in!!!!

    NATO bastards!!!!

  • @Radmann916 insanity 

  • What happens when fuel runs out.....happy days

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