The other war affecting fuel prices
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 10 July 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
Energy prices are up, and we’ve got a war to thank. Two wars, actually. While all eyes have been on Trump’s on-again, off-again conflict with Iran, Ukraine has ramped up attacks on Russian oil refineries — and the effects are rippling through the global energy market. Also in this episode: Data centers ease electricity bills in some places (for now), travelers turn to buses as airfares rise, and Kai discusses the week’s economic headlines.
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Transcript
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| 0:00.0 | For decades, companies built their procurement and supply chains around cost and efficiency. |
| 0:05.7 | Today, that's no longer enough. |
| 0:08.1 | Wars, trade conflicts, and the regionalization of trade have changed the rules. |
| 0:13.2 | Companies still need to control costs, but they also need to reduce risk and respond faster to disruptions and shocks. |
| 0:20.6 | GEP helps the world's leading enterprises do exactly that. |
| 0:24.8 | Through its AI-native quantum intelligence platform and services, |
| 0:28.8 | GEP helps companies gain visibility, predict and manage risk, |
| 0:32.9 | and make smarter capital investments across their global value chain. |
| 0:36.6 | More than 7,000 employees across 30 offices support over 1,000 organizations worldwide. |
| 0:43.6 | GEP combines agenic AI with three decades of procurement and supply chain data and expertise. |
| 0:50.7 | Learn more at gEP.com. |
| 0:54.5 | Programming supported by Trinity Exteriors, a local team working to help neighbors across Minnesota maintain safe, comfortable homes, offering roofing, siting, and window renovations. |
| 1:04.2 | Information and more at trinityexteriors.com. |
| 1:10.5 | The week that was, because it's Friday, data centers and your electricity bill, and a bus ride too, and we'll do it in that order. |
| 1:19.2 | From American public media, this is Marketplace. |
| 1:23.1 | This is at Bloomberg. Hey, you know. So we're going to dig right into that Friday thing that we do. |
| 1:45.5 | Heather, long is at Navy Federal. |
| 1:46.7 | David Gura is at Bloomberg. |
| 1:48.0 | Hey, you too. |
| 1:49.2 | Hey, Kai. |
| 1:49.6 | Hi, Kai. |
| 1:50.8 | David Gura, you get to go first. |
... |
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