Topic

TotalEnergies vows cheaper French diesel

3h

British van owners and Australian drivers faced sharply higher fuel costs, while TotalEnergies pledged to cut French diesel prices by about 10 cents a liter through stock drawdowns.

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Reposted by Dean Baker

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Reposted by Torben Pedersen

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Reposted by Oliver Stuenkel

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Reposted by Trudy Harpham

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Reposted by Dean Baker

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Reposted by Dean Baker

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Reposted by Maksym Polyakov

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"The 2.25m barrels of diesel Putin offered Trump will have zero net impact on the world price of diesel. But accepting them will collapse the US-led sanctions regime on Russia—and align Trump with Putin against Ukraine's attacks on Russian energy production..."

www.theatlantic.com/ideas/2026/1...
Trump Is an Easy Mark for Putin
The president’s diesel deal sells out Ukraine, and does nothing for Americans.
www.theatlantic.com
October 11, 2026 at 6:09 PM
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"Asymmetric incidence of sales taxes: A short-run investigation of gasoline prices" is available at the Journal of Economics and Business: doi.org/10.1016/j.jeconbus....
October 11, 2026 at 7:30 PM

Reposted by Thomas Masterson

3%
Krugman did the arithmetic on the Russian diesel deal. 300,000 tons is a bit over 2 million barrels and America burns about 4 million a day, so Krasnov sold out Ukraine for roughly 12 hours of fuel. Meanwhile Canada has a diesel surplus right next door.
Nobel-winning economist shuts down Trump's diesel fever dream
Nobel Prize-winning economist Paul Krugman made it clear that President Donald Trump's new scheme to reduce diesel prices will have no impact, that is, assuming it gets off the ground at all.Writing M...
www.alternet.org
October 12, 2026 at 1:45 PM

Reposted by Matthew Bunn

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Trump is telling Americans that Ukrainian attacks on Russian oil facilities is the reason diesel prices are high. THAT IS A LIE. Ukraine's attacks had no perceptible impact on diesel prices; Trump's Iran war is the cause of the spike.

Here's the data, straight from the Trump Administration itself.
October 11, 2026 at 11:10 PM

Reposted by Olga Onuch

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Reposted by Peter Matanle

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The United States is the world's largest exporter of diesel. Importing a small amount of diesel from Russia will do nothing to bring down prices for American farmers and truckers.
October 12, 2026 at 12:36 AM