President Trump's diesel deal with Russia is fraud on the American people. It is a desperate, futile attempt to address Trump's self-inflicted high diesel prices. The U.S. produces about 5 million barrels of diesel per day, and consume less than 4 million barrels per day. That makes us the world's top diesel exporter. Our diesel exports help ease the energy crunch in Latin America and Europe. In contrast, Russia is no longer an exporter. In fact, Russia was importing diesel from South Korea this summer. Trump's deal requires no concessions from Putin. This weekend, Putin persisted in his savage attacks on civilians even as Trump announced the diesel deal.
Putin's strategy for achieving his victory over Ukraine is to freeze civilians during Ukraine's harsh winter; hence the continued bombings of the electric grid, fuel production facilities, and even a gas station. Putin continues to attack residential buildings and public buses. Putin is a war criminal. Yet Trump cut him this "deal" for less diesel for an initial shipment of 300,000 tons which is less diesel than we use in a single day.
U.S. sanctions have squeezed Russia's oil industry and would continue to do so if Trump were not signaling to the world that he is not serious about sanctions with this absurd 'deal.'
Diesel prices are high at the pump not because of a lack of U.S. supply. Even if Russia were able to export significant quantities of diesel, the amounts trump has called for in his deal with Putin are next to nothing. The total of all shipments called for in the Trump/Putin deal are 4.8 million tons of diesel, from now through early April 2027. This equals 35.5 million barrels, less than the U.S. uses in just ten days. Trump says the Russian shipments are intended to ease the strain on the "Global Marketplace," not just the American market. Even in the unlikely event Russia could produce the amount Trump has asked for, it would not reduce prices, not before the mid-term elections, and probably not ever.
Nevertheless, the deal will provide Putin billions of dollars in revenue. As Trump well knows, Putin uses the military and intelligence assets acquired from the revenue of the 'deal' to commit war crimes in Ukraine and fund Iranian attacks on the U.S.
So, one can't help but wonder, why is Trump doing this? First, it appears to be an attempt to reduce prices that his unilaterally imposed policies have caused. Obviously, due to the quantities involved that isn't going to happen. If the conflict in Iran continues, which it likely will, prices will continue to increase. Trump is blatantly acting to erode the sanctions against Russia.
In 2022, Congress enacted the Ending Importation of Russian Oil Act, by overwhelming margins. That legislation bans U.S. imports of Russian diesel unless the president certifies that Russia has reached an agreement to withdraw its forces from Ukraine, that Ukraine has accepted such an agreement, and that Russia no longer poses a threat to either NATO countries or Ukraine. Given present circumstances, such a certification is impossible. As has become usual, Congress sits ignorantly idle. Other acts of Congress require prior notification before major changes in Russia policy. Trump has not consulted Congress on any of his actions regarding Russian sanctions.
Is Trump taking the American people for fools? Apparently so. Is he ignoring statutes enacted by Congress? Yes. So when will the time come to pay the piper?...
