Article in German and behind a paywall. Here are the relevant excepts, translation by me:
The U.S. government is apparently trying to force Europeans to release large quantities of their strategic diesel reserves onto the market by threatening to halt diesel exports. SPIEGEL learned this from sources within the German government and the European Commission. According to these sources, Washington is demanding that EU member states release 120 million barrels (159 liters each) of diesel from their strategic reserves onto the market, spread out over 180 days. Should this not happen, Washington is threatening to halt its diesel exports to Europe.
The Reuters news agency had previously reported on such a demand by the U.S. government—but had placed it in the context of the release of strategic oil reserves, which had already been agreed upon in March by the member countries of the International Energy Agency (IEA).
However, the U.S. government is now demanding the 120 million barrels of diesel on top, as several insiders in Berlin and Brussels confirmed to SPIEGEL. (…)
120 million barrels of diesel would be an enormous amount, it equates to more than 16 million metric tons. For comparison: Germany’s entire strategic diesel reserve amounts to just over four million metric tons. According to EU figures, all 27 EU member states combined have a reserve of 39 million tons.
He only cares about the price going down before the midterms.
meanwhile trump pays billions of taxpayer dollars to cancel solar and windfarm projects so his citizens can pay for the highest diesel prices ever that he caused.
This is toddler-level understanding of how the world works.
I dropped my ice-cream on the floor so now I deserve to have your ice cream waaah waaah
As far as I understand, the US is basically the only consistent large quantity diesel supplier the EU has left. So basically yes, they will at least be forced to share part of their ice cream.
Not if we switch more to renewables and shift the diesel-reliant production to be less dependent on it.
Okay let’s replace every bus, truck, heavy equipment, locomotive in a few months; this is impossible
In 180 days?
Don’t get me wrong, the transition to renewables is more or less set in stone now due to the 2nd oil crisis in 5 years, but that and the short term petro-state blackmail in the article are not running on the same timeline.
He just wants Europe to lower diesel prices so he can claim oil prices are lower now at home, for the midterm elections. Once the elections are over, he’ll forget, it’ll be just another TACO event.
So he wants to drain Europe for Putin, same as he is doing to the US.
You are giving them too much credit…
They think if more Diesel floods the market, it will get cheaper so they can pretend they did not completely shat on the economy and then roll over on it
That’s also the conclusion the article reaches. But it then notes how this will backfire:
[Gasoline] could actually become even more expensive as a result of a ban on diesel exports, as U.S. analysts warn. Since storage capacity for diesel in the U.S. is limited, refineries would likely have to cut back on production. That could then also lead to a gasoline shortage and, consequently, higher prices.
that, but also he wants to screw over and fight with Europe, for some odd reason
for some odd reason
That is all he knows do to… like a brat who needs to be the center of attention all the time
Because the EU is getting chummy with Canada.
He already was trying to do trade wars with EU countries and verbally attacking NATO prior to that.
100% that Washington’s gonna use it as blackmail. If Europe runs out, we’d “need” US diesel, and then the US is not gonna give it because it’s Putler’s slave.
Europe responded with “Suck my cunt.”
“Go and boil your bottoms, son of a silly person. I blow my nose on you”
*Europe unleashes the Rabbit of Caerbannog
The USA responds with a death sentence for using the naughtiest word.
Not around our precious ears you don’t!
We rightly reserve anything relating to the human body, or sex, for marketing and social manipulation. It’s the easiest way to lead the sheep.
Only if Trump releases his diaper reserves.
NATALIE!!!
He already does… even during press conferences whilst he sleeps
COME AND GET THEM!
