Marketplace
Marketplace

Refineries brace for crude drought

March 12, 2026

AI Summary

5 min read

🎙️ The Voices & The Context

  • The Format: This is a classic news magazine broadcast (Marketplace from American Public Media). It’s a mix of hard-hitting economic reporting, human-interest stories, and cultural commentary, all delivered in a brisk, conversational tone.
  • The Key Players:
    • Kimberly Adams (Host): The anchor for the day, she keeps the show moving with a clear, authoritative, yet warm voice. She’s the guide through the chaos of oil prices and ski passes.
    • Amy Purdy (Guest): A three-time Paralympic medalist in snowboarding. She’s incredibly articulate and passionate, offering a raw, insider perspective on the struggles and triumphs of Paralympic athletes.
    • Roberto Ferdman (Guest): A senior video correspondent for the Wall Street Journal. He’s the expert who breaks down the complex economics of the ski industry into a compelling story of corporate disruption.
    • Nate Bradford (Regular Contributor): A cattle rancher from Oklahoma. He provides the "boots on the ground" reality check on inflation and the struggles of small family farms.
  • The Vibe: Educational & Urgent. The show feels like a smart, fast-paced briefing on the forces shaping our wallets and our world. It’s serious but not gloomy, mixing the anxiety of war-driven oil prices with the fun of winter sports and the inspiring grit of Paralympians.

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What you'll learn

  • 1 (01:00) **Navigating the Global Oil Economy**
  • 2 (05:00) **The Rising Cost of Beef**
  • 3 (09:06) **🎙️ Interview: Amy Purdy on the Winter Paralympics**
  • 4 (19:00) **The Slowdown in New Home Building**
  • 5 (22:08) **How Vail’s Epic Pass Changed the Ski Industry**
  • 6 (27:39) **Final Note: Tariff Refund Delays**

+ Full timestamped outline available in the app

Show Notes

President Trump’s war with Iran continues to provoke economic consequences. With the Strait of Hormuz closed, Middle East crude oil will be blocked from reaching refineries, including those in California. In this episode, what happens if those refineries run out of oil. Plus: Single-family home construction slows as costs rise, winter Paralympians face unique obstacles, and fickle weather reshapes the ski resort business model.


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