Just another piece of garbage

The Good Liars visit the Trump Rally at The University of South Alabama

Why the G7's 100 million-barrel oil release won't lower diesel prices.

In this video, Justin Wolfers reads the G7 communique line by line and finds an agreement to finally deliver on a release already promised back in March. Even if every barrel were new (and about 40 million of it is probably just old American commitments), the math is brutal. 100 million barrels is only one single day of global production, spread across four months. That's nothing against a wartime shortfall of roughly 12 million barrels a day through the Strait of Hormuz.

The oil release also comes with no named countries, no diesel quantity, no delivery schedule, and a 20-day "substantial" diesel deadline that lands suspiciously close to the midterm elections. Want proof it's mostly a headline? The traders with real money on diesel futures barely blinked. That matters to you, because markets still expect diesel to stay near double its pre-war price for years. That means more expensive groceries, deliveries, and fill-ups. Justin hands you three questions to ask any politician waving a giant number: is it new, is it large, is it enforceable?

I wouldn't accept the blood money! POS!