Ian Verrender

Somehow or other, everybody got it into their mind that there was going to be a shortage of toilet paper.

Why?

I don't know.

Was there any, you know, drop off in toilet paper manufacturing?

No.

Yeah, absolutely.

And what did we end up with?

A shortage of toilet paper because everybody believed that it was going to happen.

So there is a role, you know, these expectations become self-fulfilling.

And so the government is certainly trying to avoid that.

But at the same time, what we're seeing is people

petrol stations running out of petrol, farmers not being able to seed their crops.

I mean, it is a real crisis that's on at the moment.

And at the same time, we're being told, well, all this fuel is still rolling in at the same volumes as it was prior to that.

So, you know, it is a really tough road to tread.

Well, the first part of the question is 30 days or 35 days isn't a lot of reserve.

I think under the international agency, we're supposed to have about 90 days.

But bear in mind that international agency agreement is for a global agreement so that every country has this amount of fuel.

And if there is an international crisis, we can release those kind of reserves around the world.

It doesn't actually mean that you've got to have 90 days