Uploaded July 2026 | Updated September 2026, 1 week ago
King Operating Corporation founder and CEO Jay Young joined WILK Radio to discuss the condition of the Strategic Petroleum Reserve, global oil-market risks and the importance of continued domestic energy production.
Jay explains how horizontal drilling and hydraulic fracturing helped raise U.S. oil production to approximately 13 million barrels per day. Production from the Permian Basin, Eagle Ford and Bakken has reduced America’s dependence on overseas suppliers, but the United States still consumes more oil than it produces.
The conversation also examines why the United States exports some of its domestically produced light crude while importing heavier oil from countries such as Canada and Venezuela. Many Gulf Coast refineries were built to process heavier crude, creating a complicated mismatch between the oil America produces and the oil its refining system needs.
Jay also discusses the Strategic Petroleum Reserve, Venezuela’s significant oil resources and the risks surrounding the Strait of Hormuz, where approximately 20% of the world’s oil supply normally travels.
Topics include:
• The Strategic Petroleum Reserve
• U.S. oil production and consumption
• Horizontal drilling and hydraulic fracturing
• The Permian Basin, Eagle Ford and Bakken
• American refinery capacity and crude compatibility
• Oil production in Venezuela
• The Strait of Hormuz
• Global oil prices and gasoline prices
• Domestic drilling and energy security
Jay 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 commentary, energy-market analysis and interviews with Jay Young.
#JayYoung #WILKRadio #OilAndGas #EnergySecurity #OilPrices #StrategicPetroleumReserve #StraitOfHormuz #DomesticEnergy #PermianBasin #KingOperating
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
King Operating Corporation founder and CEO Jay Young joined WILK Radio to discuss the condition of the Strategic Petroleum Reserve, global oil-market risks and the importance of continued domestic energy production.
Jay explains how horizontal drilling and hydraulic fracturing helped raise U.S. oil production to approximately 13 million barrels per day. Production from the Permian Basin, Eagle Ford and Bakken has reduced America’s dependence on overseas suppliers, but the United States still consumes more oil than it produces.
The conversation also examines why the United States exports some of its domestically produced light crude while importing heavier oil from countries such as Canada and Venezuela. Many Gulf Coast refineries were built to process heavier crude, creating a complicated mismatch between the oil America produces and the oil its refining system needs.
Jay also discusses the Strategic Petroleum Reserve, Venezuela’s significant oil resources and the risks surrounding the Strait of Hormuz, where approximately 20% of the world’s oil supply normally travels.
Topics include:
• The Strategic Petroleum Reserve
• U.S. oil production and consumption
• Horizontal drilling and hydraulic fracturing
• The Permian Basin, Eagle Ford and Bakken
• American refinery capacity and crude compatibility
• Oil production in Venezuela
• The Strait of Hormuz
• Global oil prices and gasoline prices
• Domestic drilling and energy security
Jay 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 commentary, energy-market analysis and interviews with Jay Young.
#JayYoung #WILKRadio #OilAndGas #EnergySecurity #OilPrices #StrategicPetroleumReserve #StraitOfHormuz #DomesticEnergy #PermianBasin #KingOperating
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
