Why Refiners Are Making Bank While Oil Prices Collapse

WTI crude has plunged 7 percent in a week to around 87 dollars a barrel. Yet gasoline at the pump has barely budged, hovering near 4.47 a gallon. In this episode, Lucas and Luna explain the growing crack spread — the profit margin refiners earn by turning crude into gasoline and diesel. They walk through how refinery capacity constraints, summer driving demand, and the ongoing U.S.-Iran tensions are creating a wedge between crude prices and fuel costs. They also look at what this means for consumers heading into June 2026 and why the usual relationship between oil and gas has broken down. Specific numbers: WTI at 87.36, gasoline at 4.47, the five-year average crack spread around 22 dollars per barrel versus today's estimated 30-plus. No hot takes, just the mechanics of the downstream energy market. #OilPrices #GasPrices #CrackSpread #Refining #WTI #EnergyEconomics #Inflation #SummerDemand #Gasoline #RefineryCapacity #IranTensions #SupplyChain #Economics #FexingoBusiness #BusinessPodcast #Energy #Macro #Consumers Keep every episode free: buymeacoffee.com/fexingo