Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Gasoline Stays High While Oil Prices Slide
Gasoline prices are hovering above four dollars a gallon even as crude oil slides. In this episode, Lucas and Luna unpack the widening crack spread, the role of refinery margins, and why a barrel of Brent falling from 96 to 88 dollars hasn't translated to relief at the pump. With WTI at 82 dollars and regular gasoline at 4.08, they explore the structural factors — from refinery capacity to seasonal demand — that keep the spread elevated. The conversation also touches on the disconnect between falling energy ETFs and rising clean energy stocks, and what the recent CPI data says about the…
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