High risk: most traders lose money.
HOW GLASS CHECKED · 5 SOURCES OVER 24 HOURS
✓
Elevated crack spreads and high crude oil prices are contributing to higher prices at the pump, according to the U.S. Energy Information Administration.
— EIA Petroleum
high
✓
Since May, the gasoline crack spread in New York Harbor has averaged about $1 per gallon higher than in 2025, when it peaked around 60 cents per gallon.
— EIA Petroleum
high
✗
The main reason for elevated spreads is tight gasoline supplies worldwide.
— EIA Petroleum
medium
Don't know: Exact future price levels or duration of tight supplies.
Update: New EIA report highlights crack spread impact on pump prices.
Update: New EIA report highlights crack spread impact on pump prices.
EIA: Crack spreads average $1 per gallon higher than 2025, pushing pump costs up.
15 · SOLIDWHAT HAPPENED
Crack spreads and high crude oil prices are pushing pump costs higher, per EIA.
Tight global gasoline supplies keep refining margins high, raising consumer fuel costs.
WHO PAYS · WHO GETS
PaysDrivers — Higher pump prices due to elevated crack spreads and crude costs observed
GetsRefiners — Higher refining margins from elevated crack spreads observed
Crack Spreads and Crude Oil Prices Push Pump Costs HigherSince May · Elevated crack spreads and high crude oil prices are contributing to higher pump prices.