Topic

US weighs diesel export curbs

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US officials weighed diesel export restrictions that would most affect Europe, a move that raised German pump‑price concerns and accelerated demand for electric trucks and used EVs.

Reposted by Steve Keen

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"Importer-specific elasticities of demand: Evidence from U.S. exports" is available at the International Review of Economics & Finance doi.org/10.1016/j.iref.2014...
September 28, 2026 at 4:30 AM
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Norway produces more oil than Venezuela. And yet, between January and August 2026, electric vehicles made up 97.8 percent of all new cars sold in that country.

Moving to EVs is often based on intelligence, not need. Which is why it lags in the notoriously short-sighted and stupid United States.
September 27, 2026 at 5:02 PM
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Diesel at record high prices and why no trucker convoy in DC?
September 27, 2026 at 9:03 PM
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1) EU urges UK to raise tariffs on Chinese cars to avoid ‘made in Europe’ barriers. London has lobbied intensely to secure equal treatment for British products but continues to rule out a customs union.

by @andybounds.bsky.social & @pmdfoster.bsky.social

giftarticle.ft.com/giftarticle/...
September 27, 2026 at 12:15 PM

Reposted by Claudia Sahm

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Reposted by Nikolas K. Gvosdev

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Reposted by Simon Lester

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Business Secretary Jonathan Reynolds is keeping tariffs on Chinese electric vehicles “under review” as the U.K. fights to be included in Brussels’ Buy European program.
Britain to keep tariffs on Chinese EVs ‘under review,’ UK business chief says
Business Secretary Jonathan Reynolds said the U.K.’s position on the issue was “finely balanced” as officials pursue talks with Brussels.
www.politico.eu
September 27, 2026 at 7:34 PM

Reposted by Robert Wolfe

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The U.S. auto industry relies heavily on Canada, which is the largest export market for American automakers—larger than the next 10 markets combined fortune.com/2026/09/25/c...
‘U.S. trade policy is damaging the U.S. auto industry’: Canada’s purchase of American cars hits new low as Trump’s tariffs backfire on U.S. automakers | Fortune
In one year, the U.S. share of new vehicles in Canada shrunk from 35.4% to 28.4%, new data shows.
fortune.com
September 27, 2026 at 7:20 PM

Reposted by David Darmofal

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VAN ORDEN: There was a massive spike in diesel as soon as Russia invaded Ukraine due to Biden's weakness

R: But in the last month, it's gone up a dollar

VO: Blue states that have shut refineries down

R: But you can't deny the Iran war & closure of the Strait is leading to increase in prices
September 27, 2026 at 12:57 PM