Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Is Rising While Crude Oil Falls
In this episode of Energy Economics with Fexingo, Lucas and Luna explore a puzzling divergence: even as WTI crude has dropped from $91.74 to $84.20 per barrel, the average U.S. regular gasoline price has climbed from $4.00 to $4.10. They unpack the role of summer-grade fuel requirements, tight refinery capacity, and robust driving demand. Plus, they connect the gas price stickiness to the latest 10-year breakeven inflation reading of 2.26%, showing why the Fed can't ignore energy even as core inflation cools. The hosts also explain why relief may not come until after Labor Day, when…
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