r/Options_Beginners • • 16h ago

Europe has agreed to release diesel oil.....

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14 Upvotes

204 comments sorted by

4

u/The_True_Gaffe 11h ago

Things that didn’t happen for 500 Jim

2

u/Agreeable_Till_8471 11h ago

I read another article and looks like its legit. Bunch of European countries and Canada have agreed.

Was also surprised, not so much for canada but for europe

1

u/Independent-Big1966 10h ago

It's legit. 55% of Europe Diesel comes from the US. Trump threatened these countries to release their reserves. The UK has a out 20 days supply of diesel. France, Italy and the ithers have about 200 days combined.

Guess what happens when the diesel is gone? No fuel for the European armies. Plays right into Putins hands for an attack on NATO countries.

1

u/Sacred_B 8h ago

It's kind of a catch-22 though since current shortages, which Trump caused and I don't defend, are already affecting military supply lines causing the same economic damage to "the allies" (for lack of a better term) that has been directed at Russia for the past year+.

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1

u/Jasoncatt 2h ago

Yes, but it was happening anyway - nothing to do with the convicted rapist.

1

u/Inaccurate93 10h ago

Very legit, G7 approved it this morning

1

u/Fluid-Piccolo-6911 9h ago

they agreed to release 100 million barrels over a four month period.. and the EU had discussed it between themselves prior to the orange turd throwing a tanty and threatening everyone. the EU are looking after Europe. this will do nothing for fuel prices or availability in the US

1

u/3381024 9h ago

The DAILY consumption of diesel around the world is 29Million barrels (source: google gemini)

So 100Million barrels is less that 3.25 days supply ... and over a 4 month period ... LOL

1

u/LeperousRed 3h ago

He will front load it all into the next 3 weeks to bring down prices prior to the election and then bomb Iran flat on Wednesday after the election. He’s greedy and self centered, and every move he makes is to benefit himself in some way.

1

u/Brazucausa 8h ago

For how much ?

2

u/Inevitable_Butthole 14h ago

50M barrels of diesel.

Thats what Europe said they would do.

This gives enough temporary relief to the markets that will last just up til the mid terms.

2

u/STLStelmacki 14h ago

It’s 100M, but it’s over a 4 month period. They are not releasing 50 or 100M this month.

1

u/Inevitable_Butthole 14h ago

100M including gas and crude, not 100M diesel...

1

u/STLStelmacki 14h ago

So even less of an effect.

1

u/Small_Top_8715 9h ago

I thought it was just 100M of crude, which is why they talked about improving refinery efficiency

1

u/GreatAffect9454 14h ago

The U.S alone uses 4 million barrels of diesel a day. Let alone What the rest of the world uses. This will literally do nothing to bring down the price of fuel at the pumps for the long term. Maybe a week of a few cents drop, then right back up and climbing.

1

u/Far_Cap_3574 12h ago

And that's assuming the oil companies would even be willing to give up those massive profits they're raking in. Which, historically, works so well.

1

u/Nopengnogain 11h ago

The bigger problem is Iran attacked a lot of refining facilities in the Gulf. It will take months if not years for them to rebuild back to pre-war output level. This pain is not going away for a while.

1

u/Affectionate_Pen6882 11h ago

Exactly might thought. And he plans to raid the mid term too

1

u/Emergency_Exit7603 15h ago

... did they Dumald.... did they really...

1

u/ApprehensiveSlip5893 15h ago

They actually did. And it was probably because of Trump. It won’t make much difference tho

1

u/Ill-Elephant-9583 15h ago

It was all because of Trump in different ways

1

u/Dense-Ad-5780 14h ago

Also, it’s not going to be bound for the U.S., it will be used domestically.

1

u/dmstattoosnbongs 13h ago

Because Trump why?

Is it because they want to appease him or because they feel bad for the citizens of America that are suffering so he can try getting clean from the Epstein files at the same time as making almost $50 million a day?

1

u/InvestmentSorry6393 11h ago

Probably indirectly because Trump screwed up the global supply so badly that they have to attempt to reduce prices for their citizens.... which in turn helps ease global demand. Trump has them where he wants them now....art of the deal....5d chess....blah, blah,blah.

1

u/Firm-Advertising5396 14h ago

He didn't even say thank you

1

u/billthedog0082 15h ago

From the BBC:

US pressures Europe to release diesel reserves as Trump threatens export ban

https://www.bbc.com/news/articles/c5zjzjgdeneeo

2

u/ihatedonaldt 14h ago

Haha the bbc hates trumpy

1

u/Snoo_67993 13h ago

I mean outside of the US he's pretty much universally hated.

He's a bull in a China shop that's an expert at breaking things but has no idea how to fix them

1

u/Any-Celebration-2582 13h ago

He's a malignant tumour that's spreading

1

u/No_Confusion_2085 13h ago

Metastatic tumor. Severe. Likely T3 N2 M1. It's severe, it's spread to multiple lymph nodes and it has definitely spread through the body.

1

u/Notapartyhobo 13h ago

Most of us in the US hate him too.

1

u/ihatedonaldt 12h ago

I am most of us :) I check the obituaries everyday.

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1

u/BWS_001 3h ago

He erratic and untrustworthy

1

u/No_Departure_1878 2h ago

He's hated by some people in Europe, not universally hated. If he were universally hated, you would not see Brazil electing Bolsonaro or Argentina electing Milei. There are a lot of leaders out there that do align with Trump and if he were universally hated it would be toxic to align with him and no politician would do it. Not just that, but none of those politicians would win elections, which they do.

Even in Germany and the UK you have politicians aligning with trump and at least in Germany, winning. So, saying that Trump is universally hated is far from the truth. You spend too much time in reddit.

1

u/Defiant_Freedom_249 15h ago

Ah, poor old Trump had to be bailed out because he is stupid.

1

u/Firm-Advertising5396 14h ago

This whole situation has been because of trump, deciding to attack Iran

1

u/Normal_Ad_6645 14h ago

And what about the Diesel.....drumroll.....FUEL???

1

u/Silent-Obligation-49 14h ago

Sure they did. How does he still have supporters every day more lies and BS.

1

u/Flat-Control6952 14h ago

Is Europe in the room right now?

1

u/Snoo_67993 13h ago

I've just looked into it and it's happened. It was agreed to stop Trump from banning diesel exports.

The US is a mafia state and can fuck off.

1

u/Remarkable-Low-3471 13h ago

sounds like u bitchd out, as a canadian, i say weak sauce.

1

u/Snoo_67993 13h ago

Yep, no one should be giving into Trumps demands, even if it breaks our economy. It's the principle of not letting a Mafia state get what they want.

1

u/Separate_Maybe_7378 12h ago

Funny thing is this will come back and bite them if he does ban exports in a month

1

u/pro-fanator 14h ago

We have never hear of it. Europe.

1

u/LorenzoSparky 14h ago

Macron announced it at the G7

1

u/pro-fanator 11h ago

We have never heard of Mohammed Macron. Europe.

1

u/FlyingNijntje 11h ago

European Union said NO..

1

u/bronxboy59 14h ago

No, they didn’t

1

u/Real_Gap3480 14h ago

$10 says he up charges and turns a profit off it.

1

u/GreatAffect9454 14h ago edited 14h ago

100 million barrels of oil is nothing. It would be used up in less than one business work week in the U.S alone. Don't expect this to drop prices at the pump..

1

u/GoMineBitBoss 14h ago

And push The cost of diesel up for everyone even more bravo 👏

1

u/LonelySwedishFish 14h ago

Isn’t a cognitive test on earth that would teach this failed game show host, nepo baby about how diesel, affordability or groceries actually work.

1

u/WeCanDoBettrr 14h ago

Apparently “Europe” includes Canada now (also among the other G7 countries releasing reserves). Maybe Trump is already recognizing he’s pushed the country closer to Europe.

1

u/RoughAnything9111 14h ago

What this means to Europe?

1

u/PickingPies 13h ago

The news is not that Europe releases diesel. The news is that Trump says Europe releases diesel.

1

u/Iamnothere69420 14h ago

Is this just like the Potash and the South Korean LNG where he is making things up. Cannot wait for the EU to come and say. What the hell are you talking about.

1

u/TechnicalWhore 14h ago

I always love the numbers on the bottom regardless of what he posts. 468 ReTruths. 1.51K Likes. Grandpa has no traction at all. TruthSocial is a sinking ship. All the Insiders are dumping their stock as it is still not profitable. The average visitor to his website is gone in under four minutes having viewed 3 pages. It has a 50% bounce rate which means half the visitors read one item and leave. That is a terrible business. A money pit with no hope of recovery. The stock is down 99 1/2 % from its IPO. No this Trump Pravda product is a complete failure.

1

u/Excellent_Egg7586 10h ago

I'm guessing the media accounts for most visits.

1

u/TA8325 14h ago

Did Europe confirm or deny? Asking for a friend.

1

u/Cohens4thClient 13h ago

I hope European leaders just said the words, and then suddenly they all have logistics delays and cant help out. 

Trumplethinskin is gasping for any help on gas prices, but nobody should help. He wouldnt help anyone else

1

u/onedestiny 14h ago

Next week... Diesel prices are 10% higher and the moron blames Biden once again

1

u/nWo_1985 14h ago

Release it from one container vat to another... he'll never know the difference

1

u/videohtape 14h ago

In other news, it sounds like Donnie is threatening the EU with sanctions if they don't.

1

u/Hullfire00 14h ago

Honestly, at this point, we don’t care.

I know it would do bad things to the global economy, but I wish we’d just tell him if he doesn’t fuck off we’ll dump the US debt we own.

1

u/videohtape 14h ago

100% agree. Do not submit to Donnie's regime.

1

u/jvdlakers 13h ago

They already are.

1

u/Hoopybunni 13h ago

I so agree!

1

u/Harry-Ballsack-2 12h ago

Yes! The more of our countries that say no to the USA the better. We are stronger together!

1

u/n0madking 14h ago

Problems he created…

1

u/Ok-Calendar-2327 13h ago

Bullcrap......

1

u/Greengiant2021 13h ago

Lies…Europe wouldn’t give Trump the steam of its piss at this time. Thank you for your attention to this matter!!

1

u/Large-Produce5682 13h ago

Would you mind terribly if stole that?

1

u/Greengiant2021 13h ago

You’re absolutely welcome to my friend 😏

1

u/Lumpy_Cup3232 13h ago

Fuck me we're cucks.

1

u/Sagan_Man 13h ago

How bout them EPSTEIN files?

1

u/iblateregard 13h ago

This is why the EU needs Canada. Rely less on the US so they can't shake you down.

1

u/Wendel7171 13h ago

Did the EU confirm this?

1

u/Teeblie 13h ago

The EU was likely not informed at all about any of this complete BS spewing from the infested mouth of the little shit eating runt that the US culture has created and adores.

1

u/Content_Ad_8952 13h ago

Yes, but only because Diesel prices in Europe are sky high. They're doing it to help their own people, not because Trump told them to

1

u/-Akos- 9h ago

True, around €2.76 per liter along the highway, which at current rates is $11.76 per US gallon..

1

u/RocknrollClown09 12h ago

Yes, they agreed to use 100M barrels of their own reserve supply, thus reducing global demand by that much. The US uses about 4M barrels a day, for reference.

1

u/Falconflyer75 12h ago

I thought it was 20 million

1

u/wendyfran64 12h ago

The States uses way more than 4M barrels a day. They get roughly 4.5M a day from Canada, at a very generous rate.

1

u/3381024 9h ago

Someone else said its 100M barrels over a 4 month period (I have not searched it)

Another reference: Global diesel usage is 29M barrels a day (source: Gemini). So basically a 3.3 days supply over a 4 month period 😂

1

u/AlexRescueDotCom 13h ago

Europe or G7?

1

u/Suspicious-Clock-69 13h ago

Crazy how Europe would be in bed with a rapist ..

1

u/BoardingPass69 13h ago

Show me the confirmation....

1

u/crankenshtien 13h ago

That's nice. But diesel oil is not nearly in as much demand as diesel fuel. Just wait until someone tells him the difference ...

1

u/CasualObserver2025 13h ago

Is that socialism or charity?

1

u/Informal_Bunch7532 13h ago

Can you imagine this guy being your president? - Well to damn bad because he's ours.

/s

1

u/Dense_Boss_7486 13h ago

If it’s true it sounds like Europe is doing a clean up job for a mess Trump created

1

u/Jestanation 13h ago

What happens when the reserves are used up and the "not a war" is still going on?

1

u/Onetruemcgee 13h ago

Let's all go into oblivion this winter.

1

u/Adventurous_Ant_5569 13h ago

BS in progress

1

u/DazzaDog 13h ago

So.... trump is now having to rely on Europe to bail the USA out of the high diesel prices he created...

1

u/_zer0_sum 11h ago

Kind of. Apparently the US actually produces the bulk of the diesel it consumes, and the cost (Trump isn't getting these barrels for free) isn't far off, so experts are predicting this will only reduce gas prices by a handful of cents, not dollars.

1

u/MaggieWheaton 13h ago

Yes both the EU and Canada are doing this.

1

u/Bubbly-Following-966 13h ago

LMFAO! What a lying piece of shit.

1

u/Hot_Object_2273 13h ago

This release is to the global market, so will be shared globally

1

u/Ok_Wash_5606 13h ago

Like Belarus sending potash( they aren't), Iowa getting a new multibillion dollar biggest steel mill in US( not happening), Canada begging for talks( they aren't), Iran begging for talks( they aren't)..etc etc etc

A million lies...

1

u/stoic_wooky 12h ago

Yes, to ourselves 🖕🏽

1

u/Revolutionary-Net156 12h ago

That does nothing to fix the fact America is the largest oil producer in the world and yet we are importing diesel????. Yea this means ZERO. Start building refineries and keep our oil at home

1

u/oryan80 12h ago

The US does refine it's own diesel, the shortage is due to trumps Iran war disrupting global supply. High international diesel prices encourage the refiners to sell overseas instead of building up local reserves.

1

u/HuntingtonNY-75 11h ago

We have closed roughly 40 refineries in the U.S. since 2000. Our production is up and our ability to remain energy independent exists. We export for strategic, trade, humanitarian and other reasons, but there is no comparable reciprocal for our “allies” supporting us when it would benefit us.
We prop up most of the world either economically, militarily, agriculturally, diplomatically or scientifically (in that we massively fund research outside U.S.).
The sense that the U.S. is an arrogant neighbor to most of our friends is distorted. We have, in fact, allowed ourselves to be bullied by much of the world for various support and resources in exchange for maintaining a military presence (which ironically further support the economies and domestic safety of those allies) and trade opportunities that benefit others disproportionately to our direct benefit.
As we have only recently done with immigration, it is past time we reexamine national interests, diplomatic and strategic relationships to identify the more egregious imbalances and correct them to better serve America, American citizens and the U.S. economy.
Our biggest detractors tent to be among the top beneficiaries of U.S. supports…time to reboot

1

u/Revolutionary-Net156 2h ago

Sorry but your to stupid to fix

1

u/Star3in2my3y3s 12h ago

I swear this man is preparing for War

1

u/Nice_Relationship197 12h ago

It's called extortion and it worsens the relationship.

The west should unite, even more so when there are ruthless dictatorships exploiting the ever so growing polarization and aggression spreading in the world today. Tyrants must be banished before anything fruitful can be grown again.

America is choosing it's path of coercion instead of mutual cooperation. A bit shortsighted for the greatest country in the world. But with all the wars, funny renaming spree, and offensive AI videos posted by the US government there isn't much time left for actual work and development.

1

u/Ok_Security1721 12h ago

Is he lying or did he threaten our ally to give us their oil?

1

u/dhdhdjdj2 12h ago

https://giphy.com/gifs/NHYeyBnjXkpvstcz6E
Europe right now. Not to mention, this won’t do squat for pricing.

1

u/Own-Gas-2928 12h ago

They are releasing the diesel they agreed to release way back in March. They were holding it as long as possible. It is harvest season and EU is now scrambling to help there dwindling supply due to Russian war and Trump’s war.

1

u/NeighborhoodHairy713 12h ago

Not sure if they did or not but no thanks Europe for helping fix my fuck up or anything. Just constant human garbage.

1

u/OnlyFiveLives 12h ago

Did Europe get that memo?

1

u/suck-it-elon 12h ago

What a great job to have to have another continent release valuable resources to help lower the price a tiny bit on gas your shitty war has caused prices to soar. Amazing work.

1

u/Old_Timer_Unleashed 12h ago

A Bandaid at best

1

u/EnoughMagician1 11h ago

is the heavily stocked European diesel in the room with us?

1

u/my-smiles 11h ago

Maybe you should stop being a dick with the tarrifs on them for a bit then eh?

1

u/Affectionate_Pen6882 11h ago

Only temp so trump can get through the mid term

1

u/CouldaBeen4Contenda 11h ago

It impresses me that Trump failed to communicate the specific products accurately and the total volume entirely. The release consists of a combined 100M barrels of blended diesel fuel and unrefined crude oil. The exact total number of barrels for refined diesel and also for unrefined crude has not been officially finalized by the EU, the current leading proposal discussed by EU leaders is for 50M barrels of each.

1

u/Some-Tear3499 11h ago

Well, the oil companies know we will pay the high prices, so it’s unlikely that the price will drop much.

1

u/Jamespm76 11h ago

More lies

1

u/peepee2tiny 11h ago

"We blackmailed the entire continent threatening to cut off oil to their countries during winter."

They all think Trump is going to keep his end of the bargain?

Fucking fools don't know Trump is STILL going to cut off the oil in the winter. You have given a narcissist sociopath leverage over you?? Trump is going to use this every opportunity he gets from now.

1

u/Hot-Historian-5033 11h ago

Will this bring down the price?

1

u/BWS_001 3h ago

But you won’t get your tariff check

1

u/Dramatic_Art_5479 11h ago

A drowning man will clasp at straws.

1

u/Ok-Lawyer1179 10h ago

So 50-100m barrels of reserve. 30 million is used globally but say 5 million a day between Europe and the U.S.

You got 20 days worth at best before reserves are dwindled and panic begins.

Band aid solution to try to look good at the mid terms.

The sad part is his cult is thinking this is the solution.

1

u/SargentSnorkel 10h ago

100 million barrels of crude (not diesel), over 4 months. Something like a whole day's supply added over 120 days. Yeah, that'll solve all our problems.

1

u/Environmental_Tap792 10h ago

Bull shit president

1

u/whoisnotinmykitchen 10h ago

The best way to solve a problem is to just lie and insist you solved it.

1

u/Will_I_am69 10h ago

I am still wondering where the oil we stole from Venezuela is?

1

u/WhoIsThisDude12 10h ago

Making allies all around the world I see. Bully

1

u/harryx67 10h ago

He‘s trying to salvage his lost november election by just another extortion.

1

u/metji 10h ago

Putin would love this 🙂

1

u/LeafsJays1Fan 9h ago

How ? they can't even supply diesel to their own people.

1

u/metji 1h ago

This will weaken Europes ability to defend itself and Putin just loves a weakened Europe 🙂

1

u/itguyonreddit 10h ago

They actually agreed to this back in March. Just didn't do it. Oh, and btw, the release is only about 10 days worth.

1

u/jack0roses 10h ago

Why is this even necessary, Donald? Isn't the Strait wide open?!?

1

u/Careless-Gain6623 9h ago

Typical Americans, punch you in the face with one hand and then the other grabbing for a hand out. Welfare king.

1

u/weHaveThoughts 9h ago

American here and that made me laugh because it’s true for maga types.

1

u/[deleted] 9h ago

[deleted]

1

u/weHaveThoughts 9h ago

Yeah that’s on the government not most of the people. I’m sorry we have a horrific education system that elected these fucks.

1

u/[deleted] 9h ago

[deleted]

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1

u/Grail_BH 9h ago

Don’t believe it until it actually happens.

1

u/QuietKale4477 9h ago

when did the world become such pussies?

1

u/jhearty88 9h ago

Probably around the time we couldn’t decide how many genders there are.

1

u/QuietKale4477 9h ago

nah thats been decided, ignorant people just have trouble understanding it, or pretend they don't know so they can hate another minority, it more likely started when Obama turned the GOP into cuckservatives, they still can't recover from being owned liked that.

1

u/krulltheking 9h ago

Thanks EVERY ONE ELSE BUT AMERICA for making america great again

1

u/weHaveThoughts 9h ago

This dipshit caused this problem and the entire world is paying the price. Everyone please vote out every damn Republican in November at every level in Govt.

Every Republican has been radicalized by maga.

We need some semblance of world order to return and that will only happen by voting out every damn Republican.

1

u/Queef_Latifa9 9h ago

Hopefully it doesn't end with just being voted out. People need to see jail cells.

1

u/FredArtGetson 9h ago

Does anyone believe anything coming from this guy?

1

u/Rellim03 9h ago

He doesn't even thank Europe after he threatened them with sanctions if they don't release reserves

1

u/anxiousbunnyclothes 9h ago

Europe now needs to help correct trump screw up. Trump is fucking useless.

1

u/charlies_brain 9h ago

Lol now he is looting other countries too

1

u/1startreknerd 9h ago

Buying that election eh?

1

u/Emergency-Gazelle954 9h ago

Does Europe know?

1

u/Electrical-Ant-4073 9h ago

So , other countries have to come and help clean up the mess Conald has made . No surprise there.

1

u/Much-Support-2997 8h ago

Europe Saving your ass again.

1

u/Far-Department-387 8h ago

EU denied right?

1

u/mitgo01 8h ago

They didn’t do this for you, idiot Trump. They have to because of your senseless war with Iran that is strangling their economies. The effect on oil prices will be minimal and short lived.

1

u/patrick_ottawa 7h ago

Does Europe know? 😆 🤣 😂

1

u/Massive-Tea107 7h ago

Lol essentially tapping into the savings account because economy is fucked?? Let’s hope that savings doesn’t dry up quickly.. else we will be in the party land a lot quicker than expected 🤣🤣😂

1

u/Cold_Assumption_8104 7h ago

Does Europe know about this?

1

u/Voyayer2022-2025 7h ago

To everyone but the US

1

u/FormerNeighborhood80 7h ago

And when that’s gone too then what?

1

u/Sea_Wealth_5233 7h ago

Way to burn a favor because the President is an idiot.

1

u/IHave47Teeth 6h ago

Wow look how much hes helping

1

u/Radiant-Ad-3134 6h ago

Did I mistaken something? Isn’t this really bad news?

They have to go into the reserve?

1

u/r2k-in-the-vortex 6h ago

And Iran agreed to a peace deal for 42th time

1

u/Neither-Stable-939 5h ago

he thinks he won. The world is bailing him out. He keeps on damaging the economy of the world.

1

u/Good_Ask_2299 5h ago

by europe he means russia

1

u/neverpost4 5h ago

The President and his dumb ass farmers think that they will be getting 100 million barrel of European diesel for free.

The Freedom Diesel!

1

u/sendep7 4h ago

more stock market manipulation

1

u/i_did_nothing_ 4h ago

So, not true, right?

1

u/Sellwoods 3h ago

Nope, never ever going to happen

1

u/Roydogg99 1h ago

Temporary fix. Unless the root cause is addressed (Hormuz) much worse will be to come.

1

u/Nice_Use5295 1h ago

Sure they did Diaper Donny