Friday, October 09, 2026

I Should Have Realized….

Trump: "I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel."
... Trump has no idea what the fuel consumption is in this country. No idea at all:
On an average day, the U.S. transportation sector consumes about 2.94 million barrels of diesel.

Russia has historically been a major diesel exporter. A year ago, it was shipping about 2.5 million tons per month, but had been estimated to be shipping around 1 million metric tons in June, Reuters reported.

Andy Lipow, president of consulting firm Lipow Oil Associates, said he was “skeptical” that Russia would be able to come up with the promised barrels.

“I’m quite skeptical about those type of volumes being exported, given that currently Russia has imposed a diesel export ban in October,” Lipow told The Hill.

“Now, it’s certainly possible that once the harvest season ends in Russia, that we do see an increase in diesel exports, but I believe that Ukraine is going to continue to attack Russian refineries to impact on their ability to produce transportation fuels,” he said.

If Russia is able to come up with the barrels, Lipow said that the 300,000 ton and 500,000 ton figures are “quite small” compared to the entire global diesel market, though he said 3 million tons was more significant.

He says that if Russia does come up with the diesel to export, he expects there will be “some relief on diesel prices.”
Not soon; if at all. Certainly not before Election Day.

Trump really has no fucking idea what he’s doing. 

1 comment:

  1. What's worse is that Republicans who know what they're doing don't care. Especially the millionaires and billionaires and those they fund.

    ReplyDelete