The facts
On Friday, Oct. 2, 2026, the Group of Seven industrialized nations announced a coordinated plan to release 100 million barrels of oil, beginning with a “substantial” diesel release within the first 20 days. The statement, issued after a videoconference chaired by French President Emmanuel Macron, said the International Energy Agency will coordinate the rollout, which will be carried out “immediately over 4 months.” President Donald Trump posted on social media that the diesel release would happen “immediately.” The G7 also reaffirmed a commitment not to impose export restrictions on energy products between member countries. U.S. diesel prices had hit a record $6.52 per gallon on Sept. 22, falling to $6.37 on Friday, according to AAA.
Our take
Well, here we **fucking** go. The G7, that glitter‑clad club of world‑power elites, have decided to act like a group of over‑caffeinated gas‑station attendants, dribbling out 100 million barrels of oil in a desperate attempt to douse the price‑inflation fire that’s scorching voters ahead of the November midterms. Trump, whose economic approval rating has sunk lower than a snake’s belly, bragged on social media that the diesel will be released “immediately,” as if a single barrel could magically lower the $6‑plus per‑gallon price tag that’s making truckers weep. France, presiding over the G7, rolled out a statement that the International Energy Agency will shepherd the rollout, a bureaucratic safety net that feels about as useful as asking NASA to find your lost car keys. The most daring part of the plan? The G7 members promised not to limit energy exports to each other – a pledge that sounds less like a bold policy move and more like a group of arsonists agreeing not to throw gasoline on each other’s flames. In short, this is a panic‑driven, thimble‑full‑of‑fuel band‑aid, and anyone with a functioning brainstem can see the **bullshit** for what it is. The political theater may buy the G7 a few weeks of cover, but the underlying price pressures remain, and the electorate will soon decide whether this half‑hearted fuel drip was enough to keep the fire at bay.
