Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Refining Margins Are Crushing Oil Investors
Crude is up, gasoline is down, and refiners are squeezed. Lucas and Luna unpack the refining margin crunch of August 2026: why WTI at 84 dollars a barrel and gasoline at 4.01 a gallon are moving in opposite directions, how Gulf Coast refinery expansions are flooding the market with diesel and jet fuel, and what weak crack spreads mean for the energy stocks you hold. They walk through the numbers — XLE up nearly 6 percent in a week while crude dipped — and explain why refiners like Valero and Marathon get hammered whenever oil jumps. They also look at the odd disconnect between pure-play…
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