Ian Baggott: Motor Trade Association Energy Manager says the fuel industry works well when all things work according to plan

from Early Edition with Ryan Bridge · host Newstalk ZB

Russia's war on Ukraine is not helping the fuel industry's recovery from the pandemic.With global tensions putting pressure on crude oil prices, the AA is warning petrol prices could hit $4 a litre. Motor Trades Association Energy Manager Ian Baggott told Kate Hawkesby the fuel industry works well when all things are working according to plan.“The impact of Covid with the refineries shutting down, the oil producers can't match the supply vs demand. They're just getting back on their feet with the economies around the world open up and then what happens in Ukraine is just adding pressure.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on March 13, 2022.

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