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

This episode of Energy Economics unpacks the growing decoupling between oil stocks and clean energy ETFs in July 2026. With WTI crude up more than 4 percent in the past five days and the iShares Global Clean Energy ETF down over 4 percent, hosts Lucas and Luna examine what's driving the split. They focus on the role of refining margins, which have remained strong even as crude prices moderate, and...

In this episode, Lucas and Luna explore the growing divergence between crude oil and natural gas prices. WTI crude has risen nearly 4 percent in the past five days to around $71 a barrel, while Henry Hub natural gas has plunged more than 10 percent to under $3 per million BTU. The hosts examine the underlying drivers: a tightening oil market due to OPEC+ production cuts and geopolitical risk versu...

Oil prices are up more than 5% in the last five days, but clean energy ETFs like ICLN and TAN are down. Lucas and Luna break down the divergence: oil is rallying on renewed Iran uncertainty and a potential ceasefire collapse, while solar and wind stocks are getting hammered by rising interest rates and falling natural gas prices. They look at the data—WTI at $69.60, Henry Hub at $3.29, the 10-year...

Lucas and Luna dig into a striking market anomaly: while crude oil has rallied 4-5% in the past week, natural gas has dropped 7.6%. They explore the structural factors behind the split—LNG export capacity, storage surpluses, and the fading winter premium—and what it means for energy stocks and the broader inflation picture. Drawing on the latest data from July 9, 2026, including Henry Hub at $3.00...

With crude oil surging 6.6 percent in a week while clean energy ETFs like TAN drop 6.3 percent, Lucas and Luna drill into the mechanics behind the latest decoupling. They examine how Iran-U.S. tensions are tightening physical supply, why renewables are selling off despite the Biden administration's new solar tariff exemptions, and what the widening gap between WTI at $73 and the ICLN clean energy...

WTI crude has jumped 7% in five days to $73.53 while the Invesco Solar ETF TAN has dropped 7%. Lucas and Luna examine the growing divergence between fossil fuel and renewable energy markets in July 2026. They dig into the specific drivers: rising Middle East tensions after Trump expressed uncertainty about an Iran deal, supply constraints pushing Brent above $77, and clean energy stocks getting ha...

WTI crude oil surged 8% in five days to $74 a barrel as U.S. airstrikes against Iran stoked supply fears. Lucas and Luna examine why oil is spiking while clean energy stocks like Enphase and First Solar keep falling, down 12% and 3.5% respectively this week. They dig into the geopolitical risk premium, the disconnect between fossil fuels and renewables, and what it means for energy investors. Plus...

Episode 100 of Energy Economics with Fexingo drills into a striking divergence: West Texas Intermediate crude jumped 5.9% in five days to $72.71 as US strikes on Iranian targets escalate Mideast tensions, while the Invesco Solar ETF (TAN) dropped 7.3% and Enphase Energy cratered 12.7%. Lucas and Luna unpack why the oil market is pricing a supply-risk premium that clean energy can't capture—and why...

Episode 99 of Energy Economics with Fexingo. Lucas and Luna dig into a striking divergence: US refiners are posting fat margins and running near full capacity, while upstream oil producers are barely growing output. WTI sits at $70.55, up nearly 3% on the week, but the rig count is stagnating. Meanwhile, refiners like Valero are seeing crack spreads widen as gasoline inventories tighten. The hosts...

In this episode of Energy Economics with Fexingo, Lucas and Luna dig into the widening gap between oil and solar stocks. WTI crude has held near $69 a barrel for weeks, but Enphase Energy has dropped 7.8 percent in the last five days alone. Lucas breaks down why the divergence is about more than just interest rates — it's about tariff exposure, utility-scale vs. residential solar demand, and a spe...

US oil production growth has flatlined despite high prices. Lucas and Luna dive into the reasons: Permian Basin depletion, shareholder discipline, and rising costs. They discuss how this structural shift affects global oil markets, OPEC+ strategy, and the energy transition. With specific data—US production stuck around 13.2 million barrels per day, rig counts falling—they explain why the shale rev...

Lucas and Luna dive into why US oil output growth is stalling despite high prices, examining the Permian Basin's 'infill drilling' exhaustion, the surge in well completion costs, and what this means for global supply. They reference the latest Energy Information Administration data showing US production flat at 13.2 million barrels per day since April 2026, and the recent uptick in the 10-year bre...

Episode 95 of Energy Economics with Fexingo examines the sharp divergence between oil and clean energy stocks in mid-2026. With WTI crude hovering around $71 and Brent at $72, energy sector equities like Exxon and Chevron are flat to slightly down on the week. Meanwhile, Enphase Energy has plunged 9.5% in five days and First Solar is down over 6%. Lucas and Luna dig into the specific pressures on...

Episode 94 of Energy Economics with Fexingo: Why did Enphase Energy plunge 9.5% in five days while crude oil barely budged? Lucas and Luna drill into the specific numbers — Enphase at $43.07 versus WTI at $68.78 — and find the disconnect isn't about oil vs. solar this time. It's about inventory gluts, rate sensitivity, and a single earnings miss that spooked the entire residential solar supply cha...

On this episode of Energy Economics with Fexingo, Lucas and Luna dig into the brutal divergence between solar stocks and crude oil in early July 2026. While WTI hovers around $69 a barrel and big oil majors like Exxon and Chevron are flat to slightly positive, Enphase has cratered 9.5 percent in five days and First Solar is down 6 percent. The hosts examine what's driving the sell-off: rising inte...

The largest US power grid, PJM, has escalated emergency measures to avoid blackouts amid extreme heat and surging demand from AI data centers. In this episode, Lucas and Luna break down what this means for natural gas prices, electricity costs, and the energy transition. They discuss how PJM's capacity market is struggling to keep up, why natural gas is benefiting in the short term, and whether re...

As an extreme heat wave threatens the US power grid just before July Fourth, Lucas and Luna dig into the data behind electricity supply, demand, and pricing. WTI crude sits around $69, natural gas is up, and the divergence between fossil fuel and renewable energy stocks continues. But the heat event creates a unique stress test for grid operators from Texas to California. Lucas explains how rollin...

Episode 90 of Energy Economics with Fexingo: Lucas and Luna unpack the sharp divergence between oil and solar stocks in early July 2026. While WTI crude hovers near $69 and energy sector ETFs like XLE slip, solar heavyweight Enphase has plunged nearly 10% in five days—its worst stretch in months. First Solar also down 6%. Meanwhile, the broader clean-energy ETF ICLN is actually up. What gives? The...

WTI crude is down 3.1% over five days while solar giant Enphase has plunged 10.1% and First Solar has dropped 7.8%; clean energy stocks are selling off even faster than oil. Lucas and Luna examine what is driving this decoupling, from a 50-year low in the labor force participation rate that is dampening demand expectations, to rising core inflation that is pushing interest-rate-sensitive renewable...

Episode 88 of Energy Economics with Fexingo digs into a puzzle that's playing out right now: West Texas Intermediate crude has dropped to around sixty-eight dollars a barrel, down more than four percent in the past five days, even as Brent slipped to near seventy-one. Yet regular gasoline at the pump has barely budged, averaging three eighty-three a gallon. Lucas and Luna explore the structural re...

WTI crude is down 1.4% in five days, but refining stocks like Valero and Marathon Petroleum are holding up. Lucas and Luna break down the divergence: crack spreads are widening because gasoline demand is sticky while crude supply is getting cheaper. They look at how US refinery utilization is running above 93% and why that margin is more important for refiners than the absolute price of oil. Plus,...

Iran claims to be selling oil at a 20% premium, with 40 million barrels exported after the end of the US blockade. WTI crude is at $68.95, while Brent has dipped to $76.50. Lucas and Luna explore how this premium pricing is affecting global oil markets, the disconnect between WTI and Brent spreads, and what it means for gasoline prices at the pump. They also discuss why energy stocks like Chevron...

WTI crude has slipped to $69.60 as Iran announces it is selling oil at a 20% premium after exporting 40 million barrels. Lucas and Luna break down why Iran can command a premium despite sanctions relief, what the export numbers mean for global supply balances, and why oil markets are pricing in a new geopolitical reality rather than a flood of cheap crude. They examine the strategic calculus behin...

Crude oil is down five percent over the last week while solar stocks are up. Lucas and Luna unpack what's driving the divergence. They look at falling WTI and Brent prices, the slide in Chevron and ConocoPhillips, and the surprising resilience of clean energy names like Enphase. The hosts dig into three forces at play: a demand slowdown in manufacturing, the pull of AI data centers on natural gas...

Natural gas futures dropped over 5% in the last week, even as power demand from AI data centers surges. Lucas and Luna dig into the disconnect: why the Henry Hub spot price sits at $3.16 while utilities like NextEra Energy and First Solar are riding a renewables boom. They unpack the role of record storage inventories, a mild start to summer, and the market's bet that the AI-driven load won't mate...