Oil demand not so energetic
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 16 September 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
For years, global oil demand has ticked up, mostly thanks to China’s voracious consumption. But real estate trouble combined with widespread electric vehicle adoption means China’s not guzzling oil like it used to. In this episode, the impact on the global oil market. Plus: A dockworker strike could put snags in holiday shopping, flight attendants dislike delays as much as you do and four states will vote on bond measures in November.
Transcript
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| 0:00.0 | Hi I'm Kai Rizdahl the host of How We Survive |
| 0:03.4 | It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy. |
| 0:09.6 | Mr. Gorbachev, tear down this wall. |
| 0:14.4 | It was the cold war and my first deployments were intercepting Russian bombers. |
| 0:18.6 | Today though, there's another threat out there, climate change. |
| 0:22.6 | This could be the warmest year on record. |
| 0:24.6 | Climate change is here. |
| 0:25.7 | Temperatures here are warming faster than anywhere on Earth. |
| 0:29.5 | And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s. |
| 0:35.9 | I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change. |
| 0:44.7 | This season, we go to the front lines of the climate crisis |
| 0:47.5 | to see how the military is preparing for the threat. |
| 0:51.0 | Listen to how we survive, wherever you get your podcasts. |
| 0:54.0 | It's not a question of if, it's a question of how much. |
| 1:02.0 | From American Public media this is market plans. In Los Angeles, I'm Kai Rizdall. It is Monday, today, the 16th of September. |
| 1:20.7 | Good as always to have you long, everybody. |
| 1:23.2 | As you have perhaps gathered in your perusal of business and economic news so far today, |
| 1:28.4 | the big item this week is the Federal Reserve's two-day meeting on interest rates that wraps up on Wednesday. |
| 1:35.2 | The news will be what the news will be, rate cut, and we will talk about exactly how the |
| 1:41.2 | Central Bank goes about getting rates to go where they want |
| 1:43.8 | to go a little bit later in the program, but there is a whole slew of things |
| 1:47.4 | that happen when interest rates move and that is where we start today. Back |
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