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Platypus Economics with Justin Wolfers

This Oil Deal Sounds Huge. Until You Do the Math | Diving In

Mittwoch, 7. Oktober 2026 · 25 min

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Trump calls it a massive win: 100 million barrels of emergency oil and fuel released to bring diesel prices down. In this episode of Diving In, Justin Wolfers reads the G7 communique line by line and finds something much smaller — an agreement to finally deliver on a release already promised back in March, in exchange for the US dropping a diesel export ban it should never have threatened.
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