Uploaded August 2026 | Updated September 2026, 2 weeks ago
Are oil companies making too much money while American consumers pay more at the gas pump?
Jay Young, Founder and CEO of King Operating Corporation, joins The Lars Larson Show to discuss President Donald Trump’s criticism of ExxonMobil and Chevron following their strong second-quarter 2026 earnings.
Jay explains why oil producers do not independently determine the daily market price of crude oil. Instead, prices are influenced by global supply and demand, geopolitical disruptions, production levels, refining capacity and market conditions.
The conversation also examines the responsibilities of publicly traded energy companies, the risks and costs associated with producing oil and natural gas, and why higher commodity prices can result in higher industry profits.
Topics discussed:
• Why gasoline and diesel prices rise
• Whether oil companies control crude-oil prices
• ExxonMobil and Chevron’s recent profits
• Global supply and demand
• Oil and gas investment and production risks
• Public companies’ obligations to shareholders
• Political pressure surrounding gas prices
• America’s need for reliable domestic energy production
Jay Young is the Founder and CEO of King Operating Corporation and author of The Upside of Oil and Gas Investing.
Subscribe for more oil and gas insights, energy-market analysis and interviews featuring Jay Young.
#JayYoung #KingOperating #LarsLarson #OilAndGas #GasPrices #OilPrices #EnergyMarkets #ExxonMobil #Chevron #EnergyIndustry
DISCLAIMER: All content and all statements made herein, including by any speaker or participant, except those expressly made as a statement of fact, including plans, intentions, beliefs, and projections, are forward-looking statements, involve risks and uncertainties, and should be evaluated as such. All statements related to any past or current offering of King Operating Corporation or its subsidiaries or affiliates are expressly qualified and made subject to the applicable offering document(s) and all information, disclosures, and disclaimers contained therein. No content is intended, nor should it be construed, as providing tax, investment, or legal advice.
More information:
KingOperating.com
Are oil companies making too much money while American consumers pay more at the gas pump?
Jay Young, Founder and CEO of King Operating Corporation, joins The Lars Larson Show to discuss President Donald Trump’s criticism of ExxonMobil and Chevron following their strong second-quarter 2026 earnings.
Jay explains why oil producers do not independently determine the daily market price of crude oil. Instead, prices are influenced by global supply and demand, geopolitical disruptions, production levels, refining capacity and market conditions.
The conversation also examines the responsibilities of publicly traded energy companies, the risks and costs associated with producing oil and natural gas, and why higher commodity prices can result in higher industry profits.
Topics discussed:
• Why gasoline and diesel prices rise
• Whether oil companies control crude-oil prices
• ExxonMobil and Chevron’s recent profits
• Global supply and demand
• Oil and gas investment and production risks
• Public companies’ obligations to shareholders
• Political pressure surrounding gas prices
• America’s need for reliable domestic energy production
Jay Young is the Founder and CEO of King Operating Corporation and author of The Upside of Oil and Gas Investing.
Subscribe for more oil and gas insights, energy-market analysis and interviews featuring Jay Young.
#JayYoung #KingOperating #LarsLarson #OilAndGas #GasPrices #OilPrices #EnergyMarkets #ExxonMobil #Chevron #EnergyIndustry
DISCLAIMER: All content and all statements made herein, including by any speaker or participant, except those expressly made as a statement of fact, including plans, intentions, beliefs, and projections, are forward-looking statements, involve risks and uncertainties, and should be evaluated as such. All statements related to any past or current offering of King Operating Corporation or its subsidiaries or affiliates are expressly qualified and made subject to the applicable offering document(s) and all information, disclosures, and disclaimers contained therein. No content is intended, nor should it be construed, as providing tax, investment, or legal advice.
More information:
KingOperating.com
