Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
How Gasoline Prices Stay High While Crude Slides
Today on Fexingo's Energy Economics, we unpack the stubborn gap between falling crude prices and sticky gasoline. WTI sits around $83.90, but regular gasoline averages $4.08 a gallon. Refining margins, regional bottlenecks, and the switch to summer blends explain the disconnect. We dig into how the refining industry's capacity constraints and seasonal factors shape what you pay at the pump, and why that gap might not close soon. Along the way, we touch on the strategic petroleum reserve and what it means for future supply. If you've ever wondered why gas stays high when oil…
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