America Makes More Oil Than Anyone... So Why Is Gas $4?

America produces 13 million barrels of oil a day — more than Saudi Arabia, more than Russia. So why does your gas price spike every time something happens 7,000 miles away? Oil is a global market. Your pump price is set by Brent crude, not Texas. And when tensions rise at the Strait of Hormuz, 20% of the world's oil is at risk — including yours. #gasprices #oil #fracking #straitofhormuz #geopolitics #economy #usa #moneymaps Made with GeoTasker — https://geotasker.ai Tags gas prices, oil prices, fracking, why is gas expensive, us oil production, strait of hormuz, brent crude, oil market, saudi arabia oil, shale oil, permian basin, geopolitics, economy, money maps