Matt Randolph
speaker
6,441 appearances
30 recordings
3 series
first heard Apr 2026
last heard 4d ago
Matt Randolph’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 — 30 in all, peaking in Aug 2026 with 7.
Appearances
But high diesel prices equate to high inflation across the board, food, and what they call dirt and diesel type commodities.
voice-verified
So a dirt and diesel commodity is anything that is either extracted using diesel or comes from the dirt.
voice-verified
So anything you mine, like iron ore, steel, asphalt, aggregate,
voice-verified
concrete, cement, like tons of commodities that we call dirt and diesel commodities.
voice-verified
Diesel gets really expensive.
voice-verified
Inflation across the board.
voice-verified
So they're expecting
voice-verified
Very high diesel prices to continue, regardless of what happens in Iran, um, and inflation to follow.
voice-verified
Uh so the SPR is down to two ninety-two million barrels today, I believe.
voice-verified
And what I'm not sure of, because they haven't kept good data on how much of the oil that's left in the SPR is the heavy that makes more diesel or the light that makes less.
voice-verified
Um and the problem with the SPR is we don't know when it stops working.
voice-verified
And that's the thing.
voice-verified
That's the thing that concerns me the most.
voice-verified
So this whole thing about dropping the levels of the SPR to a point where it quits working is entirely theoretical.
voice-verified
Like we don't truly know when it stops working.
voice-verified
And the reason it stops working is because you've we fill up these salt caverns with water to bring the oil levels up, and then we can extract the oil out of it.
voice-verified
But at some point, your water oil contact line within that cavern, when you start pulling that oil out, you're getting as much water as oil.
voice-verified
And once you get to that point, it's basically stopped working because we don't have the capacity to separate that water and oil on those sites.
voice-verified
So you could still get some oil out of it, but it would be reduced by probably 90% once that begins.
voice-verified
And the scary thing is that could start tomorrow.
voice-verified
Showing 1501–1520 of 6,441 · page 76 of 323
← Previous
Next →