Jolyon@jolyon

Follow

Trump Administration diesel proposal

🇺🇸🇪🇺 The Trump Administration wants Europe to OPEN its DIESEL reserves... U.S. Energy Sec. Wright has proposed that EU governments release 120 million barrels over 6 months. That would amount to more than a third of Europe’s roughly 315 million barrels of strategic diesel reserves. The proposal is being presented as an alternative to Trump potentially restricting U.S. diesel exports, an option the president says remains on the table. Washington’s message to Europe: Add supply NOW to help bring fuel prices down... Source: Politico / Writer: Samuel

1h

Jolyon@jolyon

Follow

Trump Administration diesel proposal

🇺🇸🇪🇺 The Trump Administration wants Europe to OPEN its DIESEL reserves... U.S. Energy Sec. Wright has proposed that EU governments release 120 million barrels over 6 months. That would amount to more than a third of Europe’s roughly 315 million barrels of strategic diesel reserves. The proposal is being presented as an alternative to Trump potentially restricting U.S. diesel exports, an option the president says remains on the table. Washington’s message to Europe: Add supply NOW to help bring fuel prices down... Source: Politico / Writer: Samuel

1h