Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil Is Up While Gasoline Falls
Oil prices have climbed over six percent in the last five sessions, yet the price at the pump is actually drifting lower. In this episode, Lucas and Luna unpack the widening crack spread — the gap between crude and refined products — and what it says about refinery margins, summer driving demand, and the odd disconnect between the commodity market and your local gas station. With WTI near 84 dollars a barrel and regular gasoline below 4 dollars a gallon nationwide, they explore the forces pulling these numbers apart: refinery utilization, export economics, and the quiet influence of the…
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