Energy Shots | Pumped-Up Prices: What Drives Your Energy Bills

Energy Shots tells energy stories through data, personalities, and politics.

In this episode of Energy Shots, Joseph Majkut and Kevin Book look at the data behind the price spreads that widened during the Iran War.

They discuss the forces behind these shifts, what they signal about global energy markets, and how this is affecting your wallet.  

Graph of the Week:

As the war continues to disrupt global energy, Gulf Coast refiners now clear nearly $60 a barrel on the 3-2-1 crack, nearly triple the historical norms. With refineries around the world running flat-out and product inventories straining, the market is paying high prices to anyone who can turn crude oil into gasoline and diesel. 

This event is made possible by general funding to CSIS and the CSIS Energy Security and Climate Change Program.