Uploaded August 2026 | Updated September 2026, 2 weeks ago
President Trump says ExxonMobil and Chevron made too much money and should give some of their profits back to the public. But are oil producers really responsible for the prices consumers see at the gas pump?
In this interview, Jay Young, founder and CEO of King Operating Corporation, responds to the president’s comments and explains how oil and gasoline prices actually work.
Jay discusses:
Why crude oil prices and gasoline prices do not move at the same speed
Why gas stations may still be selling fuel purchased at higher prices
How refinery capacity affects gasoline supply and consumer costs
Why the United States exports some domestically produced crude oil
The impact of geopolitical risk and the Strait of Hormuz
Whether gasoline prices could ease before the November midterm elections
King Operating’s oil-price outlook of approximately $70 to $75 per barrel
Why increased U.S. production and rig activity could benefit consumers
Gasoline does not arrive at service stations every day, and the price at the pump reflects more than the current price of crude. Refining, transportation, inventories, regional supply and the timing of fuel purchases all contribute to what drivers ultimately pay.
Watch the full interview for Jay Young’s perspective on oil-company profits, refinery constraints, gasoline prices and the outlook for energy markets through the end of the year.
Subscribe for more conversations about oil and gas, energy investing, business and the issues shaping the economy.
King Operating Corporation
Oil and gas operations and investment opportunities
#OilPrices #GasPrices #ExxonMobil #Chevron #Trump #OilAndGas #EnergyMarkets #Refining #StraitOfHormuz #JayYoung #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
President Trump says ExxonMobil and Chevron made too much money and should give some of their profits back to the public. But are oil producers really responsible for the prices consumers see at the gas pump?
In this interview, Jay Young, founder and CEO of King Operating Corporation, responds to the president’s comments and explains how oil and gasoline prices actually work.
Jay discusses:
Why crude oil prices and gasoline prices do not move at the same speed
Why gas stations may still be selling fuel purchased at higher prices
How refinery capacity affects gasoline supply and consumer costs
Why the United States exports some domestically produced crude oil
The impact of geopolitical risk and the Strait of Hormuz
Whether gasoline prices could ease before the November midterm elections
King Operating’s oil-price outlook of approximately $70 to $75 per barrel
Why increased U.S. production and rig activity could benefit consumers
Gasoline does not arrive at service stations every day, and the price at the pump reflects more than the current price of crude. Refining, transportation, inventories, regional supply and the timing of fuel purchases all contribute to what drivers ultimately pay.
Watch the full interview for Jay Young’s perspective on oil-company profits, refinery constraints, gasoline prices and the outlook for energy markets through the end of the year.
Subscribe for more conversations about oil and gas, energy investing, business and the issues shaping the economy.
King Operating Corporation
Oil and gas operations and investment opportunities
#OilPrices #GasPrices #ExxonMobil #Chevron #Trump #OilAndGas #EnergyMarkets #Refining #StraitOfHormuz #JayYoung #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
