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Marketplace Morning Report

The haves and the have nots of energy

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 23 April 2026

⏱️ 8 minutes

🧾️ Download transcript

Summary

Maybe it’s hoarding, or protectionist, or human nature. Whatever you want to call it, some countries have plenty of oil right now — especially wealthier ones with their own refineries and reserves — while others can't get what they need and are rationing fuel. Plus, "starting has always been hard. This era is making it harder," said New York Times bestselling author Jodi Kantor. Today, we hear her job-hunting advice for new grads.

Transcript

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0:00.0

At Radio Lab, we love nothing more than nerding out about science, neuroscience, chemistry.

0:06.9

But we do also like to get into other kinds of stories.

0:10.2

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0:12.9

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0:14.5

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0:15.5

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0:16.7

Regardless of whether we're looking at science or not science, we bring a rigorous curiosity to get you the answers.

0:23.3

And hopefully make you see the world anew.

0:24.9

Radio Lab, adventures on the edge of what we think we know.

0:28.8

Wherever you get your podcast.

0:31.3

The haves and the have-nots of energy.

0:35.3

From Marketplace, I'm Sabrina Banishore.

0:41.4

Almost 2,500 years ago, Thucydides, the historian in general from ancient Greece, famously wrote, the strong do what they can and the weak

0:46.7

suffer what they must. The quote is often used to refer to the grim reality in international

0:52.1

affairs that when push comes to shove, the vulnerable

0:54.7

suffer at the hands of the powerful. And as it was in the Peloponnesian War millennia ago,

1:00.2

it is true today in oil markets. The Iran War's chokehold on oil and gas supplies is laying

1:06.6

bare the haves and the have-nots in the global economy. Marketplaces, Samantha Fields, has more.

1:12.1

Maybe it's hoarding or protectionist or human nature.

1:16.1

Whatever you want to call it, some countries have plenty of oil right now, while others don't.

1:20.7

The disruption of oil and natural gas flows through the Strait of Hormuz is the biggest

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