Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why the Oil-Gasoline Gap Finally Narrows
Episode 63: Lucas and Luna break down why after months of sticky gasoline prices, the gap between crude oil and pump prices is finally closing. With WTI crude around 76 dollars a barrel — down more than 5 percent in the last five trading days — and the national average for regular gas at 4.05 dollars a gallon, the lag is shrinking faster than many expected. They explore the role of refinery margins, the Iran deal's impact on tanker traffic in the Strait of Hormuz, and what the narrowing spread means for drivers and the energy sector heading into summer. Plus, a look at how the XLE energy…
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