2min chapter

Planet Money cover image

Breaking down the price of gasoline

Planet Money

CHAPTER

Is It All Pre-Planned?

It's just so cheap to move oil by very large or ultra-large crude carrier that, yes, the broker who connected us to our oil seller can just mid-deal, tell the tanker to turn around. And they just don't bring me my oil? Yep. This is not all pre-planned ahead of time. On a day-to-day basis, they can be like, oh, nope, turn the ship. But I think brokers can, well, brokers can make everyone better off. Our broker can find us cheaper oil. And the oil company already got a better deal. That's why the tanker turned around. So this can all be a win-win

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