Pune Fuel Supply Returns to Normal After Panic Buying Episode
Fuel supplies across Pune have stabilized following two days of intense panic buying that gripped the city. Petrol dealers confirmed on Friday that the situation has significantly improved, with most outlets resuming normal operations and no reports of pumps running dry.
Crisis Triggered by Credit Withdrawal and Consumer Fear
The recent surge in demand was driven by a combination of factors, including the sudden withdrawal of credit facilities by oil marketing companies (OMCs) and widespread panic refilling by consumers fearing potential shortages. A local petrol dealer explained that the rush itself worsened the problem, as the spike in demand temporarily strained existing stocks.
According to feedback from our dealers' network, the situation has returned to normal everywhere. Supply volumes have increased, and delivery timings have been extended to meet demand. I don't believe any pumps in the city ran dry on Friday, the dealer stated.
Official Assurance from Petrol Dealers Association
In an official statement, the Petrol Dealers Association, Pune, assured citizens that there is no shortage of petrol or diesel. The association appealed for an end to panic buying, emphasizing that OMCs are maintaining regular supplies and all stations are being replenished.
The supply chain is robust and functioning as intended. The unusual surge in demand put avoidable pressure on the distribution network, the statement read. It urged the public to purchase fuel only as per regular requirements and avoid hoarding to ensure equitable supply.
Impact in Other Maharashtra Cities
While Pune recovered, other regions in Maharashtra faced ongoing challenges:
- In Nashik, long queues persisted at petrol pumps on Friday, with nearly 40% of outlets running dry by Thursday evening. Some central outlets imposed sales caps of Rs 300 for two-wheelers and Rs 2,000 for four-wheelers to manage stock.
- In Kolhapur, queues eased slightly, but supply disruptions continued.
- In Chhatrapati Sambhajinagar and Jalna, authorities withdrew fuel rationing orders due to adequate supply, though protests over CNG non-availability caused traffic disruptions in Chikalthana.
The crisis began on March 16 when oil companies abruptly ended the credit system, creating cash-flow issues for pump operators and sparking public concern. With the initial rush now cooled, dealers report a return to business as usual across Pune.
