Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Is Falling While Oil Rises in July 2026
In Episode 109 of Energy Economics with Fexingo, Lucas and Luna unpack a strange divergence: WTI crude is up 1.4% this week, but regular gasoline has dropped to $3.78 a gallon from $3.83 a week ago. They trace the puzzle to a collapse in natural gas prices—Henry Hub futures tumbled 10% in five days, now at $2.94—which is pulling down refining costs and blending economics. The hosts explain how cheaper natural gas lowers the cost of hydrogen used in desulfurization and reduces electricity costs for refineries, creating a tailwind for gasoline supply. They also touch on the broader disconnect…
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