America Produces Oil, So Why Is Gas Still Expensive? Jay Young on Newsmax @JayRYoungOfficial
America Produces Oil, So Why Is Gas Still Expensive? Jay Young on Newsmax  @JayRYoungOfficial
Uploaded May 2026 | Updated September 2026, 1 week ago
Jay Young, Founder and CEO of King Operating Corporation and author of The Upside of Oil and Gas Investing, joined Newsmax to explain what is really driving high gas prices.

While many people focus only on oil production, Jay explains why the issue is bigger than that. The U.S. still consumes about 20 million barrels of oil per day, and refinery capacity plays a major role in what Americans pay at the pump. He also discusses how global instability, the Strait of Hormuz, Venezuelan crude, and U.S. energy policy all affect gas prices here at home.

This interview breaks down one of the biggest energy issues facing American families: why producing oil is only part of the equation.

Watch the full interview to hear Jay’s take on gas prices, refinery shortages, and why energy security is national security.

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More information:
KingOperating.com
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Jay R. Young - CEO of King Operating Corporation |

America Produces Oil, So Why Is Gas Still Expensive? Jay Young on Newsmax

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