February 9, 2024· 42 min

How Surging US Oil Output Is Being Moved and Stored

Orality
Model
85%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,432 words)
M:28%
HostJoe Weisenthal(1,616 words)
M:94%
GuestSteven Barsamian(4,549 words)
M:94%

Oral Indicators

Agonistic29%
basically, very, obviously
Engagement67%
you, our, your
Memory Aids100%
listen, now, well
Repetition100%
know (118x), like (103x), yeah (65x)
Parallelism100%
And I'm Joe Weisenthal...., So I just procrastinated and l..., And part of the reason is beca...
Sound Patterns66%
55 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases5%
you know what, i mean

Literate Indicators

Hedging7%
might, probably, maybe
Passive Voice6%
are considered, are used, be imported
Abstract Nouns17%
investment, moment, journalism
Subordination7%
though, because, whereas
Sentence Length32%
Avg: 13.0 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
559 personal pronouns found
Descriptive Style98%
actually, basically, really

Description

US oil production has surged to an all-time record of more than 13 million barrels produced per day. But where's all that crude actually going? And how is it being handled and stored? On this episode, we speak with Steven Barsamian, chief operating officer at the Tank Tiger, a clearing house for terminal storage, and co-host of the Tank Talk podcast, about the business of moving and storing oil and its related products. We talk about what storage capacity looks like right now, how it's changed over time, plus last year's diesel shortage in the Northeast. He also describes exactly how crude oil and refined products move from point A to point B, talks about the crud you find at the bottom of storage tanks, and explains why you should definitely not keep oil in the bathtub (or on your desk) to benefit from contango.  See omnystudio.com/listener for privacy information.