The signs have been visible for a long time; you just need to pull back from the media noise to see them. {GO DEEP} This announcement does not come as a surprise to us.
You might remember that both the U.S and Russia spoke of strategic partnerships surrounding the energy sector. Obviously, this makes sense when we consider the “west” is actually fractured on the topic of energy. There are two competing interests that overlap in the financial side of the issue, the ‘trillions at stake’ aspect. (read more)
[SOURCE]
(VIA TRUTH SOCIAL) – “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. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST!
Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter.” President DONALD J. TRUMP
On one side you have the “climate change” team, those who are fully invested (literally) in the financial mechanisms of the climate change, green new deal, build back better talking points. The Green Energy team in the west. The Paris Climate Treaty and carbon-trading proponents et al.
On the other side you have the pragmatic energy team in the west. These are the Trump-minded and aligned western perspectives that look at oil, natural gas (LNG), clean coal and nuclear technology. These are the “all the above” aligned voices in the more pragmatic view of low-cost energy production and development.
In the middle, between both sides of the fracture, are the banking and finance systems. This is the BIG MONEY play, with the Climate Change team supported by banking ideology inside the city of London, while the Carbon Use team is constantly having to assemble finance and insurance from outside the banking control mechanisms.
The Climate Change team have support based on ideology within the finance system. However, the Carbon Use team have the advantage of low-price outputs, global dependency and actual profits as leverage. This is a fight essentially inside the larger energy sector, and we are all very familiar with it because it has been happening for decades.
Canadian Prime Minister Mark Carney is currently the main tool deployed by the Climate Change team on behalf of the London finance system. Carney’s main opponent is U.S. President Donald Trump.
(VIA CNBC) – President Donald Trump said Friday that Russia will supply more than 4 million tons of diesel to the global market under a deal he struck with President Vladimir Putin during a phone call.
Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and 1 million tons immediately thereafter, Trump said in a post on Truth Social. Moscow will then deliver another 3 million tons of diesel based on the condition of Russia’s refineries, Trump said.
The Treasury Department temporarily waived sanctions on Russian diesel through April 2027 under a general license issued Friday.
Diesel prices have surged around the world as Ukraine has pounded Russian refineries, forcing Moscow to ban diesel exports to the global market. Iran and its Houthi allies have also attacked refineries in the Middle East, further constraining fuel supplies.
Trump is under growing political pressure to take action to reduce fuel prices ahead of the November midterm elections. Republicans are facing competitive elections in conservative strongholds like Iowa where farmers are feeling the pinch from high diesel prices.
But the president has few options to reduce prices given the destruction done to global refining capacity by the wars in Eastern Europe and the Middle East.
Trump flirted with a diesel export ban last month but ultimately relented after the oil industry and big business warned a ban would just raise gasoline prices.
The president issued an executive order earlier this week that allows truckers to use tax-exempt offroad diesel on highways without worrying about federal penalties. But the order only defers the tax obligation, creating confusion about whether truckers may have to pay up at some point. (read more)
Notice it’s diesel specifically for the USA market.
Here’s the big picture. I outlined this likelihood on September 22nd:
Behind that curtain are the traders, speculators, ideological banks and financial systems who create the finance system for the energy market. Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc. Not coincidentally changing these lending rules and regulations was Mark Carney’s former job. Does that sound like an open market approach?
Thus, when you really understand how this pricing is structured you begin to realize the price of diesel has nothing to do with the supply of it and the price is more controlled by those who wish to generate financial -or political- outcomes from it.
You don’t have to take my word for it, review the words of the world’s largest oil/gas producer about this rigged game. {SEE HERE} Wouldn’t Vladimir Putin be the subject matter expert?
“How, in fact, is the price of gas formed on the European exchanges? It is not determined by producers, but by exchange traders.”
In essence, right now “the west”, specifically Americans, are paying fuel costs based on market commodity prices. The most recent examples are oil, LNG and now the headline leading, diesel fuel. However, the actual supply of diesel fuel is not driving the price. The price is being driven by speculation and trading, which is based on arbitrary price formulas created by western multinational corporations and financial markets.
Right now, Russia is overproducing diesel fuel, and shipping it out of the country to allies. Yet diesel prices in the west are determined by commodity traders, and the pricing mechanism is disconnected from the supply. {SEE HERE}
This is why Secretary Bessent essentially said yesterday, he was “evaluating” calls for a U.S. export ban on diesel. Bessent knows it makes no sense to halt U.S. exports of diesel fuel, because (a) the US has no ability to store it, and (b) if we produce more than we can store, that doesn’t lower the USA price.
Our US diesel supply doesn’t lower the US diesel price because the price is set by market traders, by the western financial markets, not by production or supply. There is a disconnect. It’s the same reason why Oranges grown in Florida cost the same as Oranges shipped into Minnesota. Local supply does not determine local price; the rigged commodity market does.
The USA could be swimming in diesel fuel and yet the price at the pump remains $6/gal. (read more)
So, what did Trump do? He skipped right over the market!
I think everyone who reads CTH can well understand the nature of the telephone call between President Donald Trump and Russian Federation President Vladimir Putin. Both are clear-eyed leaders who understand each other’s geopolitical contexts and objectives. There is no pretending between Putin and Trump.
In related news:
Presidential envoys Steve Witkoff and Jared Kushner will meet with Ukrainian negotiators and European officials in Miami on Friday to present “new ideas and proposals” to break the stalemate in the Russia-Ukraine war, U.S. and Ukrainian officials say.
Why it matters: The Trump administration is hoping to reach a diplomatic breakthrough ahead of the midterm elections and before brutal winter weather grips Ukraine.
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- One of the ideas is a partial ceasefire that halts attacks on energy infrastructure and grain shipments. While Ukraine has said it’s willing to take that step, Russia has shown little willingness.
- “They are all nervous about the winter. It will be a tough winter if the war does not stop. So the U.S. is trying to mediate with the sides, with the goal of creating a unified proposal,” a U.S. source said.
[…] Witkoff and Kushner might travel to Moscow later this month for more talks with Putin, a source with knowledge said. (more)
So stupid to let Russia slip fully into China’s orbit. Biden’s legacy.
Did you not read the above?
Congratulations SD! You were all over this.
I think that was also part of the Bushies legacy also.
Remember the Romney and Obozo answer to who is the geopolitical threat to the US.
I know a guy who just retired from the Air Force and during that debate he told me there was a lot of older guys in the military who had scores to settle with the Russians.
so either the speculators start to sell and prices go down…or they’re left holding onto overpriced fuel…correct?
and now POTUS can say see, both Putin and i want lower prices and the war to end, why doesn’t Zelinsky?
Losing their shirts would serve them right for price manipulation.
Zelinsky and his puppet masters we refer to as the coalition of the willing are probably going to do their best to send drones to destroy this from happening. They could care less about lowering costs of fuel. And their idiot net zero carbon agenda requires they do this.
Baby steps to a U.S. / Russia alliance.
Critical component of implementing the American System.
This energy agreement between the US & Russia destroys London’s and the globalists grip on power through energy pricing. The EUnuchs are going to vapor lock over this deal.
Amazing solution that will make libs scream at the sky.
Corporatist bought Senate to scream you can’t do that in 3 2 1. Remember they just authorized the president to sanction Russia…..lol.
Will it be enough to drop the price of diesel before the mid-terms? I hope so.
Here’s hoping. We’ll see what happens in the upcoming weeks.
300,000 tons is around 2% of US diesel consumption in a month.
Price has been dropping here in MN. In the station down the street, three weeks ago was $6.99/gal. A couple of weeks ago it was down to $6.29/gal, and last weekend it was $6.09/gal. Its still wildly high and needs to come down a whole lot more, but trending in the right direction before this news.
How much will the Russian diesel impact us at the pumps? We’ll see.
Would like to know more about Russian diesel and how it is compared to ours and which vehicles and/or machinery its intended for.
I paid about $8.60/gallon yesterday in the Los Angeles, CA region.
Please never forget that speculators, central banks, multibillion dollar insurance empires and hedge funds investors (collectively all the above control trillions of dollars worth of global wealth) all participate in the rigging of oil prices.
None of the above give two hoots about such quaint ideas like “supply and demand.”
Will prices go down before the midterms? I don’t know. Maybe.
I do know for certain that President Trump is fighting a war against the entire globalist syndicate, and he’s fighting that war on many fronts.
President Trump isn’t even close to exhausting all of his strategies. He still has cards to play.
Don’t bet against him. He’s a WINNER.
We are far better off today since Dementia Joe left office and since President Trump mopped the floor with Word Salad Camel-uh.
We will be even better off when President Trump leaves office as The Greatest President since Washington!
You’d need about two million barrels of oil to make 300,000 tons of diesel.
I’ve said it before, but that photographer of the Rubio snapshot needs an award.
Anyone have a conversion for tons to gallons of diesel fuel?
Diesel weighs around 7 lbs per gallon.
1 ton (2000 lbs) ÷ 7 lbs/gallon = 285.7 gallons
Nice SD, you’ve been writing on this a lot and to be watchful of these actions. These things must go into play and beat back the union Jackwad bankers and climatoons
Going to drive the MSM & liberals nuts.
Will Ukraine continue to attack Russian refineries? What happens if they do?
Going to be interesting in many ways.
It is not the bankers. Funny how the bankers here are investing and facilitating all the energy growth. That drill baby drill was financed by bank loans.
The banks in the EU are financing all these wasteful Green Energy scams.
The Governments are driving them on both Continents. Banks do not make policy decisions. Carney is a banker like Kamala Harris is a lawyer. They are both incompetent. Carney was a figurehead at the BOE. He was their DEI Green guy and then was promoted to the top job. Just like Claudine Gay ran Harvard or Sleepy Joe ran the US.
The EU wants to commit suicide and their banks are going to try and stay profitable and out of jail. President Trump wants the US to be prosperous and successful. Our banks will prosper.
Banks do not make policy decisions for countries. Banks follow the policy decisions no matter how stupid and wasteful. The alternative would be a boot to their necks just like the boot to our neck. Our banks made Subprime Loans to people that should not have gotten a loan and especially a no money down loan. The good banks sold the junk. It almost sunk us. Who made the decision to make SubPrime Loans?
Blaming Banks for Green Energy is like Blaming the Auto Companies in Canada for laying off workers and closing their plants. Find the Root Cause no the Straw Man.
The US consumes about 3.85 million barrels per day of distillate fuel oil (the category that includes diesel), per EIA data.
That’s ~162 million gallons/day (42 gal/barrel).
At diesel’s density of ~0.845 kg/L, that works out to ~517,000 metric tons/day.
Note: “distillate fuel oil” includes both on-road diesel and heating oil, so pure transportation diesel is slightly less — roughly 450,000–500,000 tonnes/day.
At the US consumption rate of ~517,000 metric tons/day:
5,000,000 ÷ 517,000 ≈ 9.7 days
So 5 million tons of diesel would cover roughly 10 days of total US consumption — less than a week and a half to two weeks depending on season (diesel use spikes in winter for heating and harvest).
https://leo-ai.brave.app/shared/14da0d4f-e652-499e-ad07-8dbe5fa9657e#KoD4nI4RQo6t0F7sBEs0w6YO71U2MGbjBT6z476UR0o
Do the people who are upset about gas prices really think the Democrats will bring prices down once they gain power? Have voters lost their mind? I guess we’ll see.
So…is it likely this scenario was initially planned in Alaska? Remember Russia was not subject to sanctions for petrol that would be on ships already afloat. I have no idea how diesel is formulated or how long that might take. But this is so strategic and the timing no accident.