Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Prices Are Sticking at Four Dollars
Gasoline is averaging $4.05 a gallon even as crude prices wobble. Lucas and Luna break down why the gap between the price of oil and the price at the pump has widened—and what it means for consumers. They dig into the role of refinery margins, the recent spike in the crack spread, and how the pandemic-era demand shock still shapes today's refining capacity. With a nod to the latest CPI print and what the Fed's minutes suggest about inflation, the episode connects the dots between barrels, blends, and your daily commute. A practical look at a number that hits most of us every week…
The skinny
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