Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Stays High While Crude Falls
Lucas and Luna break down the surprising divergence between falling crude prices and stubbornly high gasoline costs. With WTI down from $91 to $84 a barrel but regular gasoline up to $4.10, they explain the refining, blending, and seasonal factors that keep retail prices sticky. They also look at how OPEC+'s September hike could affect pump prices and what the current crack spreads tell us about the months ahead.
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