Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
The Diesel Export Ban That Will Rewire Global Oil Markets
Brent crude just spiked to $130.80 a barrel while WTI hovers near $107, creating a historic price scissors that is straining the US economy. Lucas and Luna examine the Trump administration’s latest move to examine a diesel export ban as a tool for domestic inflation control. With gasoline already hitting $4.48 a gallon and ten-year breakeven inflation ticking up to 2.34 percent, we drill into why restricting heavy fuel exports might backfire on American logistics, shrink refinery margins, and ultimately fail to lower pump prices for the average driver. This episode breaks down the mechanics…
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