The Spread Between Crude Oil and Refinery Pricing: What It Means, and Is Gouging Possible?
This article was first published on the Energy News Beat Substack. In energy markets, the key metric that separates crude oil prices from what consumers ultimately pay at the pump is the crack spread—the difference between the cost of crude oil feedstock and the market value of refined products such as gasoline, diesel, and jet […]
Continue Reading