Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil Producers Are Winning While Refiners Struggle
In this episode of Energy Economics, Lucas and Luna dig into a striking divergence in the energy market: crude oil is climbing while refining margins are getting squeezed. With WTI up around 3 percent over the past week and Brent pushing toward ninety-five dollars a barrel, you'd expect the whole value chain to celebrate. But the data tells a different story. Refiners are facing thinner margins as gasoline prices stick near four dollars a gallon even as crude costs rise. Lucas explains how the Gulf refining glut—new capacity coming online in 2025 and 2026—is reshaping who captures the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.