In this episode, the Alex Melvin is joined by Sarah Blome to discuss the complexities of global crude oil markets with guest Sarah Bloom. The conversation covers the impact of different crude grades on stakeholders and the implications of sanctions on Iran and Venezuela. They delve into the nuances of U.S. refining capabilities, pipeline infrastructure, and the challenges facing U.S. crude production. Additionally, insights are provided on potential changes in global supply chains and tariffs that could affect the U.S. energy landscape.
00:00 Introduction and Guest Introduction
00:18 Crude Grades and Quality Differentials
03:48 US Refinery Preferences and Global Supply
05:45 Impact of Sanctions on Iran and Venezuela
09:16 Pipeline and Transportation Challenges
18:02 US Refinery Infrastructure and Future Outlook
26:10 Uinta Basin Crude and Transportation Issues
32:15 Final Thoughts and Ongoing Legal Issues