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BackGreen politician Kellner criticizes the G7 release of oil and diesel reserves
Green politician Kellner criticizes the G7 release of oil and diesel reserves
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Die Zeit46 minutes agoPolitics1 min readGermanyView original

Green politician Kellner criticizes the G7 release of oil and diesel reserves

Michael Kellner calls the decision a mistake and political stupidity in the service of the US election campaign.

Quick Look

  • Green politician Michael Kellner sharply criticizes the G7 release of oil and diesel reserves.
  • He calls this political stupidity for US President Donald Trump's election campaign and calls for a move away from oil dependence.

AI-generated summary

Why It Matters

G7 countries release national oil and diesel reserves to curb fuel prices ahead of US congressional elections.

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The energy policy spokesman for the Green parliamentary group, Michael Kellner, has clearly criticized the G7 countries' decision to release oil and diesel from their national reserves. The diesel stocks are there for emergencies, not for US President Donald Trump's election campaign, Kellner told ZEIT.

"The release is a mistake, or worse: political stupidity," Kellner told the AFP news agency. Trump had urged his European partners to release diesel reserves and promised a US diesel export ban if they refused. This could have affected supplies, particularly in the EU: around half of their diesel imports come from the USA. After the agreement, Trump ruled out an export ban.

“Every barrel that we no longer need makes us less vulnerable to blackmail.”

The US government hopes that the release will have a dampening effect on fuel prices around a month before the congressional elections. The high prices are a financial problem for many people in the USA - and therefore an election issue.

In an interview with the AFP news agency, Kellner called for a fundamental realignment of German energy policy. The federal government must “get out of oil dependence – with electric transport, clean heat and domestic energy,” he said. "Every barrel that we no longer need makes us less vulnerable to blackmail."

Open Questions

  • How do other EU states officially react to the release?
  • What are the long-term consequences of the withdrawal for national emergency reserves?

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This article was originally published by Die Zeit.

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