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US pressures EU allies to release diesel stockpiles
DW ^ | 10/2/2026 | Matt Ford, Srinivas Mazumdaru

Posted on 10/02/2026 1:13:12 PM PDT by Its All Over Except ...

The United States on Thursday told its European allies, particularly Germany and France, to "immediately" release their strategic reserves of diesel to help lower the soaring price of the refined fuel.

It comes a day after President Donald Trump floated the possibility of banning US diesel exports to stem the rise in prices.

At an emergency meeting of the European Union's energy task force on Friday, an EU spokesperson said the bloc "fully rejects" the ban threat, saying it would "undermine ... trust in the US."

Average US diesel prices have surged over 70% to $6.39 per US gallon (€1.50 per liter) since the start of the Iran war, according to AAA motor club data.

...

(Excerpt) Read more at amp.dw.com ...


TOPICS: European Union; Foreign Affairs; Government; Iran; News/Current Events; Politics/Elections
KEYWORDS: diesel; iran; oil; trump; trumpsdieselshortage

1 posted on 10/02/2026 1:13:12 PM PDT by Its All Over Except ...
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To: All

G7 nations will release 100 million barrels of oil and diesel fuel after prices soar

https://www.seattletimes.com/business/trump-europe-agrees-to-release-diesel-reserves-immediately-as-fuel-prices-hover-near-record-highs/


2 posted on 10/02/2026 1:17:49 PM PDT by Its All Over Except ...
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To: Its All Over Except ...
Why would they do that? Diesel prices are over $9 per gallon there now!

That would only put upward pressure on what they are paying now.

3 posted on 10/02/2026 1:18:46 PM PDT by volare737 ( Diversity is something to be overcome, not celebrated.)
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To: volare737

That would help them lower prices over there if they kept that diesel in the EU,,,,,but if they release it to the world market or to the US, how does that help them over there? Maybe I am wrong, but I just don’t see them doing that to help the US.


4 posted on 10/02/2026 1:23:35 PM PDT by volare737 ( Diversity is something to be overcome, not celebrated.)
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To: volare737

I don’t think you understand how supply and demand works


5 posted on 10/02/2026 1:27:08 PM PDT by gibsonguy
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To: volare737

I don’t think you understand how supply and demand works


6 posted on 10/02/2026 1:27:59 PM PDT by gibsonguy
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To: Its All Over Except ...

Their emergency stash ... unlike what 0Biden did by depleting ours.


7 posted on 10/02/2026 1:29:31 PM PDT by SkyDancer ( ~ Am Yisrael Chai ~)
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To: Its All Over Except ...

What are you trying to prove? Read the posts down the page, WSJ has this already done deal. Your tagline certainly fits.


8 posted on 10/02/2026 1:29:49 PM PDT by sopo
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To: gibsonguy

I don’t think you do!


9 posted on 10/02/2026 1:50:55 PM PDT by volare737 ( Diversity is something to be overcome, not celebrated.)
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To: Its All Over Except ...

No one is more responsible for high diesel prices than Gavin Noisome.

That prick forced two refineries to shut down in California and what do you know but his family connections to Getty Oil are beyond obvious.


10 posted on 10/02/2026 1:51:17 PM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: Its All Over Except ...

Stop exporting diesel. Period.

Euroweenies can drink their stockpile of it.


11 posted on 10/02/2026 2:00:50 PM PDT by FlyingEagle
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