How Gasoline Prices Defy Falling Crude episode artwork

EPISODE · Aug 31, 2026 · 6 MIN

How Gasoline Prices Defy Falling Crude

from Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power · host Fexingo

This episode explores why gasoline prices at the pump remain stubbornly high even as crude oil prices dip. With WTI crude down from $86.34 to $83.90 and Brent falling from $92.71 to $88.20, the national average gasoline price has actually edged up to $4.08 a gallon. Lucas and Luna dissect the refining bottlenecks, seasonal demand, and geopolitical risk premium that keep gas expensive. They also look at the widening crack spread, which measures refining profitability, and why it's become a bigger driver of pump prices than crude itself. With the latest U.S. strikes on Iran adding a fresh risk premium, the episode unpacks the complex chain from oil well to your local station, and why consumers shouldn't expect relief anytime soon. By the end, listeners will grasp the key factors beyond crude that determine what they pay at the pump. #GasolinePrices #CrudeOil #RefiningMargins #CrackSpread #OilMarket #Inflation #EnergyEconomics #Geopolitics #Iran #WTI #Brent #PumpPrices #Economics #FexingoBusiness #BusinessPodcast #Energy #OilPrices #ConsumerPrices Keep every episode free: buymeacoffee.com/fexingo

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How Gasoline Prices Defy Falling Crude

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This episode is 6 minutes long.

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This episode was published on August 31, 2026.

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