The prospect of queues outside petrol stations could become a reality in the near future if moves to ban oil imports from Russia go ahead.
The EU want the importation of Russian oil halted by the end of the year as part of new sanctions on the Russian Federation over its invasion of Ukraine.
Economist Jim Power said such a move would have a significant impact on the availability of fuel and could potentially lead to scenes not witnesses since the 1970s when queues were seen outside petrol stations.
"Queuing and rationing of gas, of fuel for cars, of diesel for commercial vehicles et cetera could becoming a very real possibility, there's not doubt about that.
"I think the other thing that this crisis should highlight to us is the absolute imperative to push the alternative energy agenda as much as possible."
