{"id":55640,"date":"2026-09-23T13:29:57","date_gmt":"2026-09-23T13:29:57","guid":{"rendered":"https:\/\/kingarthur.com\/songwriter\/?p=55640"},"modified":"2026-09-23T13:29:57","modified_gmt":"2026-09-23T13:29:57","slug":"crude-costs","status":"publish","type":"post","link":"http:\/\/kingarthur.com\/songwriter\/2026\/09\/23\/crude-costs\/","title":{"rendered":"Crude Costs"},"content":{"rendered":"<p>[Silence]<br \/>\n[Instrumental Intro: Deep Sub-Bass, Swampy Electric Guitar, Low Piano, Organ, Drums, Percussion, Saxophone]<\/p>\n<p>[Intro]<br \/>\nCrude&#8230;<br \/>\n(Screwed!)<\/p>\n<p>Costs&#8230;<br \/>\n(Loss!)<\/p>\n<p>How much?<br \/>\nWell&#8230;<br \/>\n(Bloody hell!)<\/p>\n<p>[Verse 1]<br \/>\nDown at the dock<br \/>\n(What&#8217;s that shock?)<br \/>\nTanker in the water<br \/>\n(Sinking like a rock?)<\/p>\n<p>[Pre-Chorus]<br \/>\nThe tank didn&#8217;t sink<br \/>\n(The price did rise)<br \/>\nLook at that number<br \/>\n(Before your eyes!)<\/p>\n<p>Surprise<br \/>\n(Surprise)<\/p>\n<p>[Refrain]<br \/>\nYa woulda thought<br \/>\n(The tank sank)<br \/>\nYou&#8217;d be at loss&#8230;<br \/>\n(Crude costs)<\/p>\n<p>[Verse 2]<br \/>\nTime-charter earnings<br \/>\n(That&#8217;s the score)<br \/>\nOne point two million<br \/>\n(Dollars a day or more!)<\/p>\n<p>[Refrain]<br \/>\nYa woulda thought<br \/>\n(The tank sank)<br \/>\nYou&#8217;d be at loss&#8230;<br \/>\n(Crude costs)<\/p>\n<p>[Bridge]<br \/>\nDid the ship sink?<br \/>\n(What do you think?)<\/p>\n<p>It&#8217;s just the cost<br \/>\n(That&#8217;s lost)<\/p>\n<p>[Break]<br \/>\n[Drums Drop to Half-Time]<br \/>\nSixteen&#8230;<br \/>\nThousand&#8230;<\/p>\n<p>[Pause]<\/p>\n<p>One-point-two&#8230;<br \/>\nMillion!<\/p>\n<p>[Band Hit]<\/p>\n<p>A DAY!<br \/>\n(In pay)<\/p>\n<p>[Instrumental]<br \/>\n[Extended Swampy Guitar Solo Over Deep Bass, Organ and Driving Piano \u2014 Saxophone Answers With Short Bursts]<\/p>\n<p>[Final Refrain]<br \/>\nYa woulda thought<br \/>\n(The tank sank)<br \/>\nYou&#8217;d be at loss&#8230;<br \/>\n(Crude costs)<\/p>\n<p>Noo&#8230;<br \/>\nIt was the cost<br \/>\n(That was lost)<\/p>\n<p>[Outro]<br \/>\nYa woulda thought<br \/>\n(The tank sank)<br \/>\nYou&#8217;d be at loss&#8230;<br \/>\n(Crude costs)<\/p>\n<p>Noo&#8230;<br \/>\nIt was the cost<br \/>\n(That was lost)<br \/>\n[Deep Bass Hit]<\/p>\n<p>Crude costs!<\/p>\n<p>[Bass Hit]<\/p>\n<p>[Silence]<br \/>\n[End]<\/p>\n<p>About the Song<br \/>\nOil Shipping Costs Explode: From ~$16,000 to More Than $1.2 Million a Day<\/p>\n<p>The cost of transporting crude oil by the world\u2019s largest oil tankers has reached extraordinary levels.<\/p>\n<p>On the benchmark TD3C route \u2014 a 270,000-metric-ton Very Large Crude Carrier (VLCC) traveling from the Middle East Gulf to China \u2014 daily time-charter-equivalent (TCE) earnings have surged from roughly $16,000\/day in 2020 to more than $1.2 million\/day in September 2026.<\/p>\n<p>That is not simply a large increase. It represents an extraordinary transformation in the economics of moving oil by sea.<\/p>\n<p><strong>&#8220;<a href=\"\/albums\/Present-Tense\/\">Present Tense<\/a>&#8220;<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Silence] [Instrumental Intro: Deep Sub-Bass, Swampy Electric Guitar, Low Piano, Organ, Drums, Percussion, Saxophone] [Intro] Crude&#8230; (Screwed!) Costs&#8230; (Loss!) How much? Well&#8230; (Bloody hell!) [Verse 1] Down at the dock (What&#8217;s that shock?) Tanker in the water (Sinking like a rock?) [Pre-Chorus] The tank didn&#8217;t sink (The price did rise) Look at that number (Before [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-55640","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/55640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/comments?post=55640"}],"version-history":[{"count":2,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/55640\/revisions"}],"predecessor-version":[{"id":55653,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/55640\/revisions\/55653"}],"wp:attachment":[{"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/media?parent=55640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/categories?post=55640"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/tags?post=55640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}