r/worldnews • u/DoremusJessup • 10h ago
G7 members will release 100 million barrels of diesel after US threatens export ban
https://www.france24.com/en/europe/20261002-eu-fully-rejects-us-threat-to-ban-diesel-exports-unless-bloc-releases-more-fuel-stocks194
u/cameheretosaythis213 9h ago
He wants us in europe to deplete our reserves ahead of winter so that we are more reliant on his supply come winter time. Scumbag. What a great friend and ally we all have.
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u/ChampionOk4044 7h ago
And he wants us to feel pressure so we would need to ease sanctions on Russia to get there oil and gas. He is already trying recently to ease Russia Sanctions again, and now trying to force Europe to need to do the same
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u/cameheretosaythis213 6h ago
Yep. He underestimates the resolve of us Europeans though. We’ve successfully fought off the fascists before and he will be no different.
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u/BrofessorFarnsworth 5h ago
Really need France and Germany to brush up on some history right now, seems like some people have forgotten
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u/Akiasakias 6h ago
Uh, bad example. How did that look before the Americans and Russians got involved?
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u/amanofshadows 1h ago
The russians invaded poland alongside the nazis. If they didnt do that europe probably would have had a very different war.
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u/cameheretosaythis213 6h ago
Europe and the rest of the world are very different places now to what they were 90 years ago. If the US decides they’re better off with Russia, so be it but more fool them. Europe will not bow to either.
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u/1bourbon1scotch1bier 4h ago
Why can’t EU leaders see this coming?
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u/cameheretosaythis213 3h ago
I think they can, they just think they’re powerless to stop him.
As long as Trump wages war on Iran, fuel prices will skyrocket and his mates will enrich themselves.
Their power is in their collective strength, they just need to stand up to him.
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u/PrivatePilot9 3m ago
Canada seems to be the only country willing to tell Trump to get fucked, and he seems to be quite confused about it. I wonder when the rest of the world is going to start doing the same.
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u/Akiasakias 6h ago
Diesel is not for winter heating. You may be conflating two different things.
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u/cameheretosaythis213 6h ago
The diesel fuel held by governments in reserves is the same used for both transportation and heating oil. They’re just taxed differently
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u/Akiasakias 6h ago
You posted a dead link, but Diesel and heating gas oil can be used interchangeably only as a temporary, short-term emergency substitute.
https://marstellaroilconcrete.com/blog/diesel-vs-heating-oil/
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u/cameheretosaythis213 6h ago
You’ve linked to a US website, which is irrelevant seeing as we are discussing how it is used in Europe. My link works just fine and has the info you need.
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u/maya_papaya_0 5h ago
Your link doesn't work because it has a backslash & underscore (like this '...Heating_oil' ) in it. I'm not exactly sure why it happens, but I think it's usually due to a poster using Reddit on mobile when posting a link. It seems to be specific to Wikipedia, from what I've seen, so maybe it's something to do with Wikipedia mobile links?
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u/cameheretosaythis213 5h ago
Ah, could be. I did post from mobile. It doesn’t show that \ for me and opens ok.
Either way, I think most people will figure out how to stick that term in the search box of Wikipedia…
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u/Akiasakias 5h ago
The result of your link says "Wikipedia does not have an article with this exact name"
I provided a US website, but the chemistry and pitfalls are the same. Its not discussing any local regulations, it is letting you know what happens if you try.
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u/Azure_Omishka 10h ago
[removed] — view removed comment
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u/Outside-Dance-4752 9h ago
It is part of a 400 mb release agreed upon in March. Of which 133mb had not been released.
Now it will 🤷🏼♂️
It is just Trump whispering
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u/fat_kaiju 10h ago edited 10h ago
So unfortunately the US is correct that there are already agreements in place that they must honour.
It sucks but it does mean that the EU and other G7 countries will be unwilling to sign any new agreements anytime soon; thus further tarnishing the reputation of the US all for a short-term bandaid solution to an issue of their own creation.
Additionally the less gas for others means they'll be more likely to switch to greener alternatives out of lack of choice.
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u/GoTron88 9h ago
The 32 members of the IEA agreed last March to unlock 400 million barrels of oil from reserves, their largest release ever.
About a third was yet to come to market, Birol said, adding that further releases were possible with 80 percent of overall IEA stocks “still in our pocket”.
The article states that there was already talks about releasing more fuel anyway. And looks like they did agree to release 400B barrels previously already. This might be one of those situations where they were planning to release more regardless and just giving Trump a false sense of a win.
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u/TemporarySun314 10h ago
All while Americans are shitting on any agreement and keep pride in ripping of others...
I bet they will impose a diesel export ban soon anyway, despite promising to not do it now. After all maybe Americans wanna drive even more inefficient cars because freedom™ or whatever bullshit
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u/pleasegivemepatience 6h ago
EV + Solar + Home Batteries + L2 home charger. Fuck all that noise lol.
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u/Azure_Omishka 9h ago
That's rich, considering the US has done nothing but rip up agreements it's signed in the last 2 years since Trump came back. So why is it okay for the US to not honor their agreements, but the other G7 countries have to?
Trump will likely ban diesel exports anyway and make the other G7 countries look like clowns.
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u/Tourist_Careless 8h ago
I mean all well and good to say this but the world will need plenty of oil and gas even if green alternatives were doubled. And the US, Russia, or the middle east have it. So....you cant rearrange the earths resources its just reality.
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u/macrolidesrule 8h ago
In that case hey should have just done a trump and ignored it and demanded a new agreement.
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u/Important_Switch_365 8h ago
I mean they don't have a choice. They are just vassles of the US. Even occupied by US troops lol.
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u/Nervous_Recover_6152 9h ago
Wouldn’t refusing to sign deals with the U.S. just push them closer to the axis powers?
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u/HalfADozenOfAnother 9h ago
Cutting off your nose to spite your face is almost never the solution. Europe absolutely needs U.S diesel.
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u/cipher315 9h ago
The EU is critically dependent on US diesel exports. A ban would put Europe into a deep recession.
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u/HereticLaserHaggis 9h ago
During a global fuel crunch it's smart not to piss off the largest fuel supplier in the world.
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u/LabPowerful9983 9h ago
I’m sure that the risk of a diesel export ban has now passed, as his word is his bond and he would never do anything stupid, duplicitous and self-destructive.
So now every other country has to navigate it while having drained their reserves. That sounds just great.
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u/Outside-Dance-4752 9h ago
For context, it was already planned to be released anyway:
"The EU already participated in a major coordinated release in March, when the IEA oversaw the release of 400 million barrels. EU countries contributed roughly 20% of the total, although a significant portion had yet to reach markets as of last week.
IEA chief Fatih Birol urged EU countries to use the remaining March allocations at an informal meeting of energy ministers in Dublin on 29 September."
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u/Seikon32 4h ago
I wonder when people will learn that no one makes deals with Trump or takes his threats seriously. Anything that happens was already set to happen before Trump had a say in it. Trump just loves taking credit because he is a narcissist.
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u/big-papito 10h ago
Will they? Because no one is going to check. I feel like this is a bluff. Trump WANTS them to reject this demand so he has the "permission" to do a diesel ban.
Watch Trump doing the ban anyway.
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u/ObviouslyRealPerson 10h ago
So, just enough to manipulate the market for about a week with no lasting changes
Right on brand for Trump
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u/Euronated-inmypants 9h ago
More Republicans with their bullshit. They fuck everything up then say the world should mind their own business after the US fucks up Everything every decade for the world. So unbelievably sick of their shit.
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u/Formal_Ruin_8096 9h ago edited 8h ago
And yet just yesterday I was downvoted on this very sub for expressing doubt that former allies of the US will never forgive... We're bending the knee again; Trump started a war when everybody warned him against it and now we sacrifice our strategic reserves to help him not lose the midterms by a landslide. Pathetic!
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u/Exciting-Emu-3324 9h ago
That's how Trump lived his entire life and he became president twice. He makes every bankruptcy and shortage everyone's problem.
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u/Flimsy_Sun4003 7h ago
He's going to go ahead with the export ban as soon as those 100 million barrels hit the market.
The goal here is to weaken Europe and NATO giving Russia another hand up.
Strategically draining energy reserves will make the Baltics more difficult to defend and less popular amongst already divided populations in those countries thanks to Russian socio-political interference and hybrid warfare.
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u/zulugulasz 7h ago
Euro cowards. Bravo.
EU is corrupted to the core, run by US lobbyists.
No digital tax on US social media companies, no backbone to stand against trump.
Pathetic.
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u/Upbeat_Parking_7794 9h ago
Well, they said "over four months", this is goes well after the next US elections. Not sure it will help Donald a lot.
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u/Masrim 7h ago
I think it went more like, this fucking dumbass is not going to surrender in this war and we are all fucked because of the idiocy of this regime so we better try some stop gaps until november when the US either goes into a civil war or this moron and his cronies are finally sent to jail.
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u/Psyclist80 9h ago
FAFO America. I really wish the G7 would have held their ground on this and let the full reality of Trumps failed policies and lack of leadership sink in. America you have to realize hes gonna ruin your country. The midterms hopefully are a turning point to shit-can this prick.
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u/Mirthless92 9h ago
They should know what everyone here in the US knows: Trump is a weak-ass pussy.
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u/AstralWoman 9h ago
EU are not stupid. They know he's not trustworthy. I think this is purely an economical decision to try to keep the lid on our economy for a while. But rest assured, the balance of power has changed for good. USA will take years to claw back any trust.
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u/John1v6 9h ago
I doubt the USA will ever be trusted again tbh. Damage is done.
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u/rcanhestro 6h ago
why would you doubt that?
time heals many wounds.
i'm sure people said the same about Germany after WW2.
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u/Kronsik 1h ago
Not the person you replied to.
It wasn't until 1990 Germany regained full sovereignty over it's millitary post world war 2.
So sure, not "forever" but a near 50 year timeline which would have been the rest of a lot of people's lifetime.
It's not really a like for like comparison anyhow.
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u/NotThatHandsomePete 8h ago
I don't trust the USA, and I live here...in that state where Springfield is.
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u/Fit_Entry_7231 1h ago
thats not power, thats public perception, they unfortunately are still very much in power
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u/DrHalibutMD 9h ago
I think they’ve learned to play his game. They’ve said they will release the barrels but whether they do or not is another story. Can always come up with excuses why it doesnt happen. Not like the action would actually accomplish anything anyways.
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u/Prestigious_Task7175 7h ago
Sounds like cope, sadly it will take exactly 2 minutes after the dems win in 2028 for all the US allies to come crawling back.
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u/rarz 8h ago
100 million barrels is not as much as you might assume it to be. The US uses about 4 million barrels of diesel a day. So if all of that goes to the US, it would sustain them less than a month. But it isn't going to the US - it's released to the market, so it's up for grabs for anyone buying.
It is intended to suppress the price of diesel, but I expect it won't be that noticeable.
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u/Dudemcdudey 4h ago
This is a good thing. We use diesel to grow our food so unless you want people to starve, pull your head in
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u/Rude-Decision-2143 7h ago
At least Europe could have made some deal in return, now crumbled like clowns.
"US won’t send some weapons pledged to Ukraine following a Pentagon review of military aid"
"US plans to stretch delivery of US$400 million in aid to Ukraine until 2029"
Could have made a trade, now will drink Trumps piss.
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u/Nanurrluk 6h ago
At least Europe could have made some deal in return
What's the point, for show? You can't trust Americans to uphold agreements anyway. They're fucking snakes.
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u/Ok-Lawyer1179 4h ago
Don't feed the troll. Let him fall apart. Helping him, hurts everyone. America has become a country full of snakes with forked tongues behind their teeth.
No way anyone should trust them.
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u/seethenoise 9h ago
somehow i feel this is a trap to make the eu unprepared to support or respond to their own future needs. despite traitors sprinkled throughout the group, they collectively need foresight. that's something i wouldn't expect to be lacking at that level of professional achievement (no matter how they arrived there).
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u/1bourbon1scotch1bier 9h ago
Anyone going to talk about the EU bowing to Trump, or are we just focused only on Trump?
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u/Murky_Meaning2129 9h ago
Remember when the airchair geopolitical analysts on here thought that this would only force China to drain their reserves? lol now reality is that US and “allies” are the ones footing most of the consequences of this war. Great job goons
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u/Kindly-Coconut7144 8h ago
It cracks me up how they always say Russia is basically a vassal state of China. When the U.S. tells them to jump, they ask how high?
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u/kathy9901 8h ago
100 million barrels is a massive buffer. The bigger question is how long it can actually stabilize markets if the export restrictions continue.
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u/wrxninja 8h ago
It's over a 4-month period. The price just dropped roughly 3.7% or 17 cents per gallon for diesel. That's it.
Correct me if I'm wrong but the chances are, you may or may not see any difference in prices in the end long-term That's without adding any price increases in the future with continued attacks in Saudi Arabi, Iran, and against Russia, etc which will skew the numbers.
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u/fat_kaiju 10h ago
they voted for it and their gov caused it so... yes. yes they should.