Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil Drops While Gas Prices Stay Sticky
Episode 62 of Energy Economics with Fexingo. WTI crude has slid 5% in a week to $76.50, but the national average for regular gasoline is still $4.05 a gallon. Lucas and Luna unpack the refiner margin squeeze, the Iran deal tanker surge through the Strait of Hormuz, and why the price at the pump isn't following crude down as fast as drivers expect. They break down the crack spread, seasonal blend transitions, and what the data from the EIA's latest weekly report tells us about inventory levels. If you've wondered why gas feels expensive even when oil headlines look cheap, this…
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