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Rory Johnston is a Toronto-based oil market researcher, the founder of Commodity Context, a lecturer at the University of Toronto's Munk School of Global Affairs and Public Policy, as well as a Fellow with both the Canadian Global Affairs Institute and the Payne Institute for Public Policy at the Colorado School of Mines. Prior to founding Commodity Context, Rory led commodity economics research at Scotiabank. In this podcast, we discuss:

The Billion-Barrel Supply Gap
Physical Insurance and Pipelines
The "Toll Booth" Strait
Sanctions as a Safety Valve
Wealth vs. Shortages
China's Strategic Resilience
The "Unilateral Taco" Scenario
Long-Term Energy Optionality