The energy market’s rising ‘crack spread’ is threatening to break the American consumer

The widening "crack spread" in the energy market is causing increasing fuel costs that could severely impact American consumers. This gap between crude oil prices and the cost of producing gasoline and diesel is at its highest since 2008, signaling prolonged higher gas prices. The implications are significant, as this trend could lead to broader economic strain for families already grappling with inflation and other rising costs. The market's message underscores the urgency for both consumers and policymakers to find solutions to mitigate these escalating energy expenses.