Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Outruns Crude in August
Gasoline prices have climbed to $4.08 a gallon while WTI crude has slipped to $83.90 a barrel. Why the disconnect? In this episode, Lucas and Luna dig into the refining and seasonal factors keeping pump prices high, and what it means for consumers heading into fall. They explore how refinery maintenance, the switch to winter blends, and the strategic petroleum reserve's low levels are all playing into the squeeze. With a nod to the broader energy market — Brent down to $88.20, natural gas at $2.70 — they ask whether relief is on the horizon or if higher-for-longer is the new normal. Tune…
The skinny
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