Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
The Growing Financial Cost of US Oil Export Capacity
As OPEC+ approves a fourth output quota hike since the Hormuz closure and Brent crude holds near $98 a barrel, a less-noticed bottleneck is emerging: US oil export infrastructure. Lucas and Luna break down why the Permian Basin's surging production is running into terminal constraints, how that affects the WTI-Brent spread, and what it means for gasoline prices heading into summer 2026. With the WTI-Brent spread recently exceeding $5 — the widest since 2020 — the episode examines whether the US can actually ship its oil to global markets. This isn't about pipelines or drilling…
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