Hello everyone
Hello everyone. As the fuel crisis deepens right across Europe, we've seen the pressure building from the United States in the past number of days on Europe to release oil and diesel reserves. So, yesterday there was a meeting of the G7 on Zoom with the European Commission President Ursula von der Leyen, and it was announced afterwards that 100 million barrels of oil and diesel will be released. The diesel will be front-loaded over the next 20 days to try and address what's going on in.
Europe, and we can see it here at at the petrol and diesel pumps in Ireland. This comes after the United States threatened to ban exports to Europe unless they were going to release some of their reserves. Now, there were some countries like Germany have quite a substantial amount of reserves, and they've agreed to get this organized through the International Energy Agency. Now, a number of months ago, there was 400 million barrels were released. Today, about 325 million of those barrels have.
Been released to the market. And at the same time, following, as I said, Trump's threatening of export ban on US diesel comes at the same time when he is under serious domestic pressure. Yes, you have the midterm elections coming up in November. And lot of Americans now are up in arms because of what's taken place with the economy in terms of $6 roughly for a gallon of diesel. Well, if we had it so cheap in Ireland, we would.
Be pretty happy in com- in comparison to what we're paying for it currently. And remember, the Irish government pull about 45-46% of every liter in taxation. Plenty money for the government to transfer to the rich friends at the expense of ordinary people. But remember when Europe had so much cheap Russian gas and oil as that was used for many years, that was completely cut off. We all know about the so-called sanctions being circumvented and then Europe buying that.
Re-diverted oil and gas at far higher costs, which is the same as what's happening with the United States. Much of the US diesel now is coming across into Europe and also who are making massive windfalls for those big oil companies. Remember what happened in Venezuela a number of months ago. This is what's taking place. It's a big capture of the oil market and Europe is essentially just a vassal of the United States. Remember how so much of the Russian oil.
Energy infrastructure has been attacked over the last number
Energy infrastructure has been attacked over the last number of weeks by Ukraine. That is again a US proxy war. So, who's Europe really serving? Not the interests of its citizens. Yes, the interests have been captured completely by the United States. Economically captured, militarily captured, and this demonstrates really how really compliant Europeans have become and just been a rollover for the Washington D.C. elites. At the same time, we've seen so many of the refineries shut down, particularly.
“At the same time, we've seen so many of the refineries shut down, particularly”
In Britain where we get a lot of our diesel from as well. And in relation to this, this has has a massive impact on our own national security in terms of energy security. We are currently only have one refinery in Ireland, Whitegate. We have a number of storage resources that are at the various parts of the country including Shannon, Dublin Port, and Galway. Remember the blockades that took place there during the fuel protests a number of months ago.
In relation to the skyrocketing fuel and energy costs. At the same time, we have next to no energy security in Ireland. But their answer is to move towards a just so-called as transition. That's what it's all about, sustainable energy. It's a move away from fossil fuels part of the net zero agenda. Same time, they're really trying to drive people, pardon the pun, off the road with the skyrocketing fuel and diesel and petrol prices absolutely outrageous at the.
Moment. Well in excess of €2.15 to €2.20 for a liter of diesel currently in Ireland. Probably more than that in some parts. Let me know what it is near you. And this comes at the same time when we see no end in sight to what's taking place. And they're moving people across into electric vehicles. Interesting, isn't it? Part of the smart cities and the 15-minute cities as well in terms of your EVs. They're all getting grants of up to 3 and 1/2 thousand euro.
To move to an electric vehicle, which are reliant on Yeah, you guessed it. Rare earth minerals. This is part of the plan as well. Lithium, cobalt, and all these as well. And many of those who are pushing the net zero agenda are saying nothing about the human rights abuses where there's so much cobalt mining that's taken place in Africa, for instance. They don't say anything about that, which is the same as what Eamon Ryan did when he was leader of the Green.
Party
Party. But this is part of the virtue signal brigade that has no interest in standing up for the needs or the rights of ordinary working people, wherever they are. This is part of the corrupt political establishment that's driving this crazy agenda. So many people are struggling and suffering as well. And they've been completely sold out and by the political establishment, as I said, completely captured by the bureaucratic elites in Brussels, like Von der Leyen. Yesterday, they held.
A Zoom meeting with a number of other G7 countries, including Canada, France, Germany, the UK, and Japan. And Trump, I think, was probably asleep maybe for part of that call, as well, which was held on Zoom. So, uh more market manipulation. And more.
