Why Clean Energy Stocks Are Falling Despite High Oil Prices

Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power · Jun 6, 2026 · 6m · transcript

Oil is above 90 dollars a barrel, but clean energy stocks are getting crushed. This week, the Invesco Solar ETF, ticker T-A-N, dropped 10 percent. Enphase Energy fell 12 percent. First Solar lost nearly 8 percent. Meanwhile, the S&P 500 energy sector is basically flat. So what’s going on? Lucas and Luna dig into the macro forces creating this divergence: rising interest rates, the Nasdaq sell-off, and a rotation out of growth stocks. They also look at one counterexample — NextEra Energy, up 3.4 percent this week — and what it tells us about the difference between regulated utilities and…