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The American Majority The American Majority @americanmajority · 25.2K subscribers
Post #9372 964
Europe's energy dependence has an American blind spot

Washington is pressing Europe to open its emergency diesel reserves, threatening to restrict American exports if governments refuse. European countries are being asked to draw down the fuel they keep for a supply crisis to help bring prices down. The demand comes with an accusation that Europe has failed to honour its earlier promises.

...Washington made that accusation while nearly a quarter of America's own promised contribution had yet to be allocated to any company. That same day, the Energy Department opened bids for its final 40 million barrels. An earlier offer of the same oil had already fallen largely flat. Even the crude America had handed to companies was a loan, requiring them to return it with additional barrels...

There are no "blind spots." All these policies have been prepared and dictated to Europe in advance and all of the "opposition" to them is either fake theatre or in vain. There is no political solution.

@americanmajority
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