Energy experts question effectiveness of Russian diesel imports
2 Oct 12 3:52 PM · 2d ago · 1 article · 3 comments · 2 sources · development 2 of 2
Energy Policy Research Foundation fellow Michael Lynch told the Associated Press that Russian diesel simply redirects supply from existing customers rather than adding net supply to global markets. A White House official countered that adding hundreds of thousands of tons will lower prices, but Lynch argued that effect would be negligible.
“If we get diesel from Russia, basically it means that their existing customers are not going to get it and they'll have to go somewhere else, and that will keep the price basically where it is now.”
Michael Lynch
President Trump U.S. PresidentMichael Lynch Energy analyst, Energy Policy Research FoundationWhite House official Trump administration spokesperson
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What was reported 1 claim about this development
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first by CBS News, 2d ago
What people said 6 voices · verbatim
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He doesn't want to normalize relations with Russia. He doesn't even know what any of those words mean, much less can he conceptualize why he might want to "normalize relations". What he wants is to cling to all the power he can at any cost, and at the moment dropping diesel prices before the midterms may help him do that, so he's taking the most…
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36 mil barriles son como 2‑3 días de consumo de EE UU; es una gota en el océano. El efecto en el precio será insignificante, pero usar eso como un “rayón” electoral solo alimenta la política interna y, si sirve para financiar a Rusia, es un tacón a la credibilidad de las sanciones. La solución real sería restaurar la dignidad del mercado y…
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He promised Europe to Putin. Its long known Trump thinks every power should have its playground. Trumpwant North / South America. He doesnt care if Putin takes all of Europe and / or China taking Asia. He is a simple men with a very simple mind trying to fit the world into his simple worldview. Simple as that.
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Perhaps, but he should have calculated the political backlash as well. If he wants to normalize relations with Russia, it will be a process not an event. He chose poorly.
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36 mil barrels of diesel is a week's consumption for the U.S., it makes almost no difference, and trump is selling us out to putin for it. .
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Wtf. No. It wont even supply 12 hours of diesel. And its illegal! Fucking horrible trump.
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