February 21, 2022· 54 min
This Is What Needs To Happen for Oil Prices to Finally Come Down
Orality
Model
50%
Speaker Breakdown
HostJoe Weisenthal(1,760 words)
M:28%
HostTracy Alloway(1,509 words)
M:29%
GuestRory Johnston(6,786 words)
M:28%
Oral Indicators
Agonistic47%
literally, completely, crazy
Engagement68%
you, our, your
Memory Aids100%
listen, now, like
Repetition100%
know (159x), think (97x), like (90x)
Parallelism100%
And I'm Tracy Alloway...., And I do remember partly becau..., And for listeners who don't kn...
Sound Patterns59%
64 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
you know what, i mean
Literate Indicators
Hedging7%
apparently, probably, seemingly
Passive Voice8%
being destroyed, is when, were incentivized
Abstract Nouns16%
investment, recommendation, capacity
Subordination6%
because, while, until
Sentence Length50%
Avg: 17.5 words/sentence
Word Complexity46%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style32%
743 personal pronouns found
Descriptive Style100%
literally, completely, really
Description
The price of oil has surged over the last year, and U.S. oil companies are making money hand over first. In theory, the high prices should stabilize as more drilling is done. But so far, the supply response has only been modest. After years in which U.S. oil companies (shale players, in particular) lit money on fire by expanding production at all costs, the industry is reluctant to invest in new production. So what will it take? On this episode, we speak with Rory Johnston, Managing Director and Market Economist at Price Street and the author of the Commodity Context newsletter, to get a better understanding of the factors moving oil prices, and what it will take to bring them down. See omnystudio.com/listener for privacy information.