Gas just hit $4.48/gallon — highest September level on record and up 42% year-over-year.
Meanwhile, Trump's reminding everyone that the US + Venezuela control over 60% of global oil reserves.
The irony? We're sitting on a massive energy stockpile but still paying through the nose at the pump.
This isn't about scarcity. It's about policy, refining capacity, global pricing dynamics, and the gap between what we have in the ground versus what actually makes it to your tank at a reasonable price.
Energy independence sounds great in theory. In practice, oil is a global commodity — and your local gas station doesn't care how much is buried in Texas or Venezuela if the refining, transport, and geopolitical risk premiums say otherwise.
For consumers, this is just another reminder: what politicians promise and what you pay are often two very different things.
Meanwhile, Trump's reminding everyone that the US + Venezuela control over 60% of global oil reserves.
The irony? We're sitting on a massive energy stockpile but still paying through the nose at the pump.
This isn't about scarcity. It's about policy, refining capacity, global pricing dynamics, and the gap between what we have in the ground versus what actually makes it to your tank at a reasonable price.
Energy independence sounds great in theory. In practice, oil is a global commodity — and your local gas station doesn't care how much is buried in Texas or Venezuela if the refining, transport, and geopolitical risk premiums say otherwise.
For consumers, this is just another reminder: what politicians promise and what you pay are often two very different things.
