Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
How Refining Margins Are Reshaping Gasoline Prices
In this episode of Energy Economics with Fexingo, Lucas and Luna dig into a puzzle that's been frustrating drivers all summer: crude oil prices have been sliding, yet gasoline at the pump remains stubbornly above four dollars a gallon. They explain the mechanics behind refining margins, the role of Gulf Coast refinery utilization, and why a global glut of diesel is pushing refiners to cut output, tightening gasoline supply. With WTI around $84.80 and Brent at $93.30, they break down why the crack spread—the difference between crude and refined product prices—matters more than the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.