How Refining Margins Are Reshaping Gasoline Prices

In this episode of Energy Economics with Fexingo, Lucas and Luna dig into a puzzle that's been frustrating drivers all summer: crude oil prices have been sliding, yet gasoline at the pump remains stubbornly above four dollars a gallon. They explain the mechanics behind refining margins, the role of Gulf Coast refinery utilization, and why a global glut of diesel is pushing refiners to cut output, tightening gasoline supply. With WTI around $84.80 and Brent at $93.30, they break down why the crack spread—the difference between crude and refined product prices—matters more than the headline oil price. They also touch on the Strategic Petroleum Reserve at 1983 lows and what that means for future supply shocks. If you've ever wondered why gas prices don't follow oil prices down, this episode gives you the concrete numbers and the supply-chain logic behind the disconnect. Plus, a quick note on how listener support keeps the show ad-free. #RefiningMargins #GasolinePrices #CrackSpread #OilEconomics #CrudeOil #EnergyMarkets #RefineryUtilization #DieselGlut #StrategicPetroleumReserve #WTI #Brent #EnergyInfrastructure #SupplyChain #ConsumerPrices #Economics #FexingoBusiness #BusinessPodcast #EnergyEconomics Keep every episode free: buymeacoffee.com/fexingo