The benevolence of the petrol station manager

A Devon petrol station is charging drivers more than £1.99 a litre - or about £9 a gallon - for petrol and diesel as drivers clamour for fuel.

He said the move was prompted by dwindling stocks. "We cannot get any more supplies. We're not being mean. I would say I'm a very nice person. The price will go back to normal as soon as we get a delivery."

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UPDATE: £1.99 it is no more. The free market is out, rationing is in. Tim Harford comments.