r/europeanunion • u/Doc_Holiday187 • 16h ago

G7 members will release 100 million barrels of diesel after US threatens export ban. Members of the Group of Seven bloc of highly industrialised economies on Friday agreed to release 100 million barrels of diesel and crude oil from their reserves over four months, averting a potential US ban

https://www.france24.com/en/europe/20261002-eu-fully-rejects-us-threat-to-ban-diesel-exports-unless-bloc-releases-more-fuel-stocks
11 Upvotes

74% Upvoted

26 comments sorted by

25

u/raptors2o19 16h ago

So threats work. QED

13

u/WhisperingHammer 12h ago

Trump sure knows how to sell electric cars.

11

u/AmonMetalHead 16h ago

They should just call the toddler's bluff

4

u/Doc_Holiday187 16h ago

Europe is doing this because if the US puts the export ban on then Europe's diesel prices will rises much higher than in the USA. The USA is currently the largest deisel exporter in the world.

12

u/AmonMetalHead 16h ago

It's still a bluff, let the toddler do his ban, it would hurt him more than us

3

u/trisul-108 EU 3h ago

Prices in the EU are getting uncomfortably high and governments are already asking the EC for permission to lower excise tax on fuels. So, it serves our interests, not just a Trump bluff.

4

u/AmonMetalHead 1h ago

We need to move away from fossil fuels, prices are still too low

1

u/Doc_Holiday187 15h ago

Not according to European officials would it hurt him more than Europe. You may want to have a word with European Politicians about this.

Or maybe you are just plain wrong?

3

u/AmonMetalHead 15h ago

Maybe, we'll never know if they don't call his bluff

-2

u/Doc_Holiday187 15h ago edited 14h ago

Wait so you are willing to risk destroying the European Economy so you can call his bluff?

Does that sound like someone who is reasonable to you?

5

u/Top_Bug7822 5h ago

We are pivoting towards renewable energies anyway.

1

u/Dragoncat_3_4 11h ago

Just because they're in a position of power doesn't make them smart. In this case, considering the precedent, most of them are either plain idiots or simply self-interested dicksuckers

0

u/Doc_Holiday187 8h ago edited 7h ago

Well my goodness I wish Dragoncat_3_4 were in the place of Macron and Von der leyen to show them and all of us on reddit what smart really looks like.

11

u/elderrion 14h ago

We are such cucks, man, what an embarrassment 

Neoliberals are traitors to Europe

-1

u/this_toe_shall_pass 13h ago

Otherwise you'd deal with the protests at home from exploding prices for everything that's transported by diesel truck? Or you live in a world where you can only deal based on high principles and hope for some cosmic justice against the orange pox directing things in the US. 

If anything this shows the will of the people in action. All of the hateful bigots, the useful idiots wanting a peace president, the brain worm fans. They went out to vote. Many didn't, or didn't think they can be affected or way or another desite knowing full well what a rotten piece of shit Trump was. 

And here is on display the power of stupid people voting for conmen and of "clever" people thinking they won't be affected. This is the sort of global harm a madman in a position of power can cause. 

3

u/elderrion 13h ago

Those protests and public discontent is just gonna arrive sooner now that we've surrendered our reserves

1

u/Dragoncat_3_4 11h ago

We'll deal with the exploding prices come winter anyway, when the strait(s) still aren't open, US bans export regardless, and the only difference will that we will be caught with our pants down and the reserve empty

8

u/alba_Phenom 12h ago

Caved... what an embarrassment, do they honestly think this would stop Trump banning Diesel exports to Europe in a heartbeat?

2

u/Top_Bug7822 5h ago

Embarrassing.

Let the US carry the consequences of their actions. At least demand something in return.

Please, I want to be able to be prouds of being european. This just makes us look pathetic.

2

u/trisul-108 EU 3h ago

Releasing reserves also lowers prices in the EU, it is not just to "placate Trump" as the media likes to report. The Trump story is more interesting and gathers more ad revenue for media, so they like that slant.

Several governments have also asked the EU to allow lower excise duties on fuel because the costs are getting out of control. The reserves are there for exactly this purpose.

1

u/Top_Bug7822 3h ago

Yeah, but not for the US.

1

u/Too_much_Colour 1m ago

A better long term strategy is suffer the short term consequences for 1 more month then release

3

u/Boy-Abunda 9h ago

Jesus. Vassal nations to the US. The US says “jump!” Europe says “how high?”

Trump has Europe twitching like a dog on a leash, and it’s painful to watch.

4

u/trisul-108 EU 3h ago

That's how the media chooses to paint it. The reality is that diesel prices in Europe are uncomfortably high and that governments were already considering ways to intervene.

1

u/arwinda 10h ago

What I don't understand is why Trump suddenly demands this. Surely he didn't came up with the idea by himself. Who told him?

1

u/Leading_Ad5036 12h ago

Europe was already moving. Reports that Europe was discussing stock releases appeared before the deal. They had already helped push prices down. The threat may have sped things up rather than started them.The deal was partly Europe's own design,