Malcolm Moore
speaker
398 appearances
3 recordings
2 series
first heard Apr 2026
last heard 18 Aug
Malcolm Moore’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.
Appearances
And there's 1.2 billion barrels of that, of which we have used 400 million, or we will have used 400 million at some point over the summer.
So that's good.
But just very clearly, companies have got a lot, but a lot of it's being used.
Governments have less, but all of that is available.
Now, as the war continues, we're in the situation where we are using more than we have, right?
Demand has not really fallen.
In fact, it's summer, so demand is going to go up, right?
Have you done that?
Sounded strangely familiar, look in your eye, recalling a happy time.
Yeah, you cannot run them down to zero.
So for safety reasons, I think that the line is about 25%.
It needs to be 25% full.
The tanks need to be 25% full.
Otherwise, they get clogged.
Obviously, like any liquid, all the crud settles at the bottom of these tanks.
There are all sorts of operational problems.
So, A, we need those reserves to make the system work and B, the margin is even tighter because a lot of it is the buffer that needs to be there under all circumstances.
Right.
So, yes, we're getting to, you know, squeaky bum time.
Yeah.
Showing 201–220 of 398 · page 11 of 20
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