Why Are Oil Prices Rising Faster Than Gas Prices?

Pump gasoline prices are at the highest level during President Donald Trump's tenure; Ed Morse of Hartree Partners says oil prices are rising faster than gasoline. The observation implies a widening crude-to-gasoline dynamic that could pressure refining margins and sustain higher consumer fuel costs. No specific numeric magnitudes were provided in the report.

Analysis

Pump gasoline prices are at the highest level during President Donald Trump's tenure; Ed Morse of Hartree Partners says oil prices are rising faster than gasoline. The observation implies a widening crude-to-gasoline dynamic that could pressure refining margins and sustain higher consumer fuel costs. No specific numeric magnitudes were provided in the report.