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US diesel and fuel supply concerns
Trump says US gasoline prices are rising because of refinery problems, Democratic-run states and Ukraine's strikes on Russian refineries, not the Iran war. He signed an order easing tax-exempt diesel restrictions, which analysts say will do little to cut prices quickly, and now says he is weighing suspending the federal gas tax ahead of the midterms.
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- 30 Sep
Developments
Tuesday 6 October
2 developments21:19 UTC· the latest
Trump weighs suspending federal gasoline tax
Trump said his administration is 'thinking about' suspending the federal gasoline tax as voter anger over fuel costs grows a month before the midterms.
2 sourcesThe Guardian · World, Bloomberg
The Guardian · WorldRSSTue 6 Oct, 21:19
Trump says he is weighing suspension of federal gas tax President floats idea as voter anger over rising costs threatens Republican hopes in November midtermsDonald Trump said on Tuesday his administration was considering suspending the federal gasoline tax, a sign the president
The original postBloombergXTue 6 Oct, 23:00
President Trump said that he is weighing a potential suspension of the federal gas tax, as his administration looks for ways to ease high energy costs ahead of November’s midterm elections.
The original post
00:10 UTC
Trump signs order easing tax-exempt diesel restrictions
Trump signed an executive order easing restrictions on the use of a tax-exempt variety of diesel, a bid to cut fuel costs before November's midterms.
Washington, DCUS
1 sourceBloomberg
BloombergXTue 6 Oct, 00:10
President Trump on Monday signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel, his latest bid to pare costs for the fuel ahead of November’s midterm elections.
The original post
Monday 5 October
3 developments18:35 UTC
Trump to expand access to tax-exempt diesel
Sources told Reuters Trump will issue an order widening access to tax-exempt diesel fuel.
1 sourceReuters
ReutersXMon 5 Oct, 18:35
Trump to issue order expanding access to tax-exempt diesel fuel, sources say
The original post
16:47 UTC
Trump blames Ukraine strikes and Democrats for fuel prices
Trump said gasoline prices are rising because of refinery problems and Ukrainian strikes on Russian oil, shifting blame from the Iran war to blue states such as California.
4 sourcesAFP, Топор Live, Reuters, Al Jazeera
AFPXMon 5 Oct, 16:47
#BREAKING Trump says Ukraine's strikes on Russia, not Iran war, driving up oil prices
The original postТопор LiveTelegramMon 5 Oct, 17:31RU
⚡️Цены на бензин растут из-за проблем с НПЗ, а не из-за ситуации в Ормузском проливе, — Трамп. 👉 [Топор Live. Подписаться](
The original postReutersXMon 5 Oct, 18:20
As Iran war drives up gasoline prices in US, Trump blames Ukraine, Democrats
The original postAl JazeeraRSSMon 5 Oct, 19:01
Trump blames Democrats and Ukraine for soaring US fuel prices, not Iran war Trump shifts blame for fuel price hikes to blue states like California and Ukraine strikes on Russian oil refineries.
The original post
15:20 UTC
Trump to ease limits on tax-exempt diesel
Trump is preparing to relax restrictions on the use of tax-exempt diesel as a bid to lower costs before the midterm elections.
Washington, DCUS
1 sourceBloomberg
BloombergXMon 5 Oct, 15:20
Trump is preparing to ease limits restricting the use of a tax-exempt variety of diesel, his latest bid to pare costs for the essential fuel ahead of the November midterm elections
The original post
Friday 2 October
7 developments21:33 UTC
Trump says US will not ban diesel exports
After the G7 agreed to release 100 million barrels of reserves, Trump said the US will not impose a diesel export ban.
3 sourcesAl Jazeera English, Reuters, Bloomberg
Al Jazeera EnglishXFri 2 Oct, 21:33
US President Trump says the US will not impose an “export ban” after G7 countries agreed to release 100 million barrels of diesel and crude oil reserves amid surging prices. 🔴 LIVE updates:
The original postReutersXFri 2 Oct, 23:10
Trump: not going to be doing diesel export ban
The original postBloombergXFri 2 Oct, 23:25
Trump said he won’t ban US diesel exports, after Group of Seven nations and their partners agreed to release some of their emergency fuel stockpiles in a bid to bring down soaring prices
The original post
14:43 UTC
G7 agrees to release 100 million barrels of diesel and crude
G7 countries agreed to release up to 100 million barrels of diesel and crude oil from reserves over four months, with diesel supplies frontloaded, Macron said. France had proposed the plan to placate the Trump administration.
4 sourcesBloomberg, AFP, BBC Breaking, Al Jazeera English
BloombergXFri 2 Oct, 14:35
France proposed that European countries and member nations of the IEA release 100 million barrels of diesel and crude oil to placate the Trump administration
The original postAFPXFri 2 Oct, 14:43
#BREAKING G7 countries agree to release 100 million barrels of diesel and crude oil from reserves over next four months: statement
The original postBBC BreakingXFri 2 Oct, 14:50
G7 countries agree to release up to 100 million barrels of diesel and crude oil in bid to stop soaring prices
The original postAl Jazeera EnglishXFri 2 Oct, 15:45
French President Emmanuel Macron said G7 countries will release 100 million barrels from strategic oil reserves over four months, with diesel supplies “frontloaded” as energy prices soar amid the US-Israel war on Iran. 🔗
The original post
14:14 UTC
Trump claims Europe agreed to release 'massive' diesel stockpile
Trump said Europe had agreed to release a 'massive amount' of its emergency diesel stockpile after US pressure and the threat of an export ban.
1 sourceAl Jazeera
Al JazeeraRSSFri 2 Oct, 14:14
Trump claims Europe agreed to release ‘massive amount’ diesel stockpile This is a breaking news story.
The original post
11:06 UTC
EU rejects US diesel export ban threat
A Commission spokesperson says the EU 'fully rejects' the threat and that it would undermine trust in Washington as a reliable partner.
2 sourcesAFP, Al Jazeera English
AFPXFri 2 Oct, 11:06
#BREAKING EU slams threatened US diesel exports ban, says would 'undermine trust' in Washington as reliable partner
The original postAl Jazeera EnglishXFri 2 Oct, 11:21
The EU “fully rejects” the threat made by the US to ban diesel exports if Europe does not release more of its fuel stocks, says European Commission spokesperson Anna-Kaisa Itkonen. 🔴 LIVE updates:
The original post
10:02 UTC
UK average diesel price hits record £2 a litre
The RAC says the average UK diesel price reached £2 per litre for the first time, up sharply since the Iran war began in late February.
2 sourcesBBC Breaking, The Guardian · World
BBC BreakingXFri 2 Oct, 10:02
Average diesel price in UK hits £2 per litre for first time, motoring group RAC says - follow live
The original postThe Guardian · WorldRSSFri 2 Oct, 10:20
UK diesel price hits record high of £2 a litre Motorists and small businesses struggle with costs as Iran war drives up cost of oil worldwide‘Half my day’s pay goes to filling up my car’Business live – latest updatesBritish motorists face more pressure at the pumps after the ave
The original post
09:17 UTC
EU nations meet on joint diesel response as Europe weighs stock release
EU nations were to meet Friday to build a unified response after the US demanded release of strategic reserves, and sources say Europe is weighing a new release.
BrusselsBE
2 sourcesAFP, Reuters
AFPXFri 2 Oct, 09:17
⛽ 🇪🇺 EU nations will meet on Friday in a bid to develop a unified response to soaring diesel prices, a day after the US called on its European allies to release strategic reserves "immediately" to stem the crisis ➡️
The original postReutersXFri 2 Oct, 09:30
EXCLUSIVE: Europe weighs new diesel stocks release after US pressure, sources say
The original post
09:09 UTC
UK minister insists no diesel shortage despite US threat
Transport minister Keir Mather says UK fuel supply is 'inherently resilient' and that Britain is in talks with European countries about releasing emergency stocks.
1 sourceThe Guardian · World
The Guardian · WorldRSSFri 2 Oct, 09:09
UK is not facing diesel shortage despite fears of Trump export ban, minister says In effort to avoid panic at pumps, Keir Mather insists supply of fuel to Britain is ‘inherently resilient’Business live – latest updatesThe government has moved to avert panic at the pumps, insisti
The original post
Thursday 1 October
6 developments17:50 UTC
Trump trade adviser presses Europe to release diesel reserves
He said he discussed the matter with his French counterpart and would raise it with other nations at a G20 meeting.
1 sourceBloomberg
BloombergXThu 1 Oct, 17:50
Trump’s trade adviser is pressing European allies to release some diesel reserves amid a surge in the fuel’s price, saying he discussed the matter with his French counterpart and would raise it with other nations at a Group of 20 meeting
The original post
16:50 UTC
EU coordinates joint position on emergency diesel stocks
The EU is working with member states on a joint stance after the US requested a release to ease prices and avert an export ban; the stocks are mainly in Germany and France.
BrusselsBE
2 sourcesBloomberg, Reuters
BloombergXThu 1 Oct, 16:50
The EU is coordinating a joint position with member states on emergency diesel stocks after the US requested a release to ease prices and avert an export ban
The original postReutersXThu 1 Oct, 18:45
EU's emergency diesel stocks are mainly in Germany and France
The original post
16:49 UTC
Britain in talks with allies over emergency diesel stocks
UK ministers held calls with the European Commission, Germany, France, Italy and Ireland on whether to draw down reserves after Trump threatened to cut off US diesel supplies.
LondonGB
2 sourcesBloomberg, The Guardian · World
BloombergXThu 1 Oct, 15:50
Europe faces mounting US pressure to release more diesel reserves, writes @AlaricN
The original postThe Guardian · WorldRSSThu 1 Oct, 16:49
Britain in talks with European allies over release of emergency diesel stockpiles Ministers discuss drawing down EU countries’ reserves after Donald Trump threatens to cut off US suppliesBritain is in talks with European allies over releasing emergency diesel stockpiles after Do
The original post
15:40 UTC
European nations hold emergency talks on US fuel reserve demand
Key European nations are holding emergency talks on how to respond to US pressure to release strategic fuel reserves, which are held mainly in Germany and France.
2 sourcesReuters, Bloomberg
ReutersXThu 1 Oct, 14:40
EU's emergency diesel stocks are mainly in Germany and France
The original postBloombergXThu 1 Oct, 15:40
Key European nations are holding emergency talks on how to respond to US pressure to release strategic fuel reserves.
The original post
08:00 UTC
US tells France, Germany to release diesel or face ban
Sources told Reuters the US has warned France and Germany to release their diesel stocks or face a US diesel export ban.
1 sourceReuters
ReutersXThu 1 Oct, 08:00
EXCLUSIVE: US tells France and Germany to release diesel stocks or face US export ban, sources say
The original post
00:30 UTC
Trump cools on US diesel export ban
Trump said he is still considering a diesel export ban, but indicated his appetite had cooled given the risk of price surges; one deputy said Europe might soon add supply.
2 sourcesReuters, Bloomberg
ReutersXThu 1 Oct, 00:30
Trump says he is still considering diesel export ban
The original postBloombergXThu 1 Oct, 02:10
Trump indicates that his appetite to ban exports of US diesel has cooled, given the risk of unintended price surges, and one of his deputies suggests that Europe might soon put fresh supplies on the market
The original post
Wednesday 30 September
2 developments03:10 UTC
US states act to curb diesel and gasoline prices
Several US states have taken steps to limit rising diesel and gasoline prices, Reuters reported.
1 sourceReuters
ReutersXWed 30 Sep, 03:10
US states take steps to curb diesel and gasoline prices
The original post
03:10 UTC
Canada readies contingency plans for possible US diesel export ban
Canada's energy minister said the country has plans for diesel supply disruptions, including a potential US ban on diesel exports.
1 sourceBloomberg
BloombergXWed 30 Sep, 03:10
Canada’s energy minister said the country has contingency plans for disruptions to diesel supply, including a possible US ban on exports of the fuel
The original post