Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil's Rebound Is Leaving Refiners Behind
Oil prices have bounced hard — West Texas Intermediate is up nearly eight percent in five days, and Brent has followed. But gasoline at the pump is still above four dollars a gallon, and the stocks of refiners aren't celebrating the way producers are. In this episode, Lucas and Luna dig into the widening crack spread, the Gulf refining glut, and why the crude rally might be telling us more about supply fears than demand strength. They walk through the numbers: the five-day moves in WTI, Brent, the S&P energy sector, and a look at what the CPI report due Wednesday could mean for the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.