Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gas Prices Rose While Oil Fell
On September 23, 2026, a puzzling divergence gripped energy markets: Brent crude dropped to $114.90 while US regular gasoline climbed to $4.48 per gallon. Lucas and Luna unpack the mechanics behind this price scissors event. We look at how refinery margins, seasonal blending requirements, and supply chain bottlenecks are decoupling wholesale commodity prices from what consumers see at the pump. This episode explores why falling oil barrels don't always mean cheaper fuel for drivers, using specific margin data and regional distribution constraints as our guide.
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The skinny
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