Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
The Strategic Petroleum Reserve Dilemma of 2026
On this episode of Energy Economics, Lucas and Luna dig into a data point that's been nagging at the back of the energy complex: the Strategic Petroleum Reserve is sitting at levels not seen since 1983, and the Department of Energy is starting to worry about the physical integrity of the caverns themselves. With WTI hovering around $82 and Brent near $88, they explore what it means for the U.S. to have this thin a buffer heading into hurricane season, and why the government's hands are tied on refilling. They break down the physics of the salt domes, the politics of the refill, and…
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