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America has lots of oil. Why are oil and gas prices so high?
July 13, 2026, 10:55 a.m. ET The United States is the world's leading oil producer. Of the oil we do import, only 8% comes from the Middle East. Why, then, have domestic oil and gasoline prices gone through the roof? Oil prices spiked again on... Read more.
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Owner: USA TODAY Co., Inc. (Mike Reed, Chairman; Two Seas Capital, Apollo Global Management, Inc. & Alta Fundamental Advisers, Largest Shareholders)
Owner: USA TODAY Co., Inc. (Mike Reed, Chairman; Two Seas Capital, Apollo Global Management, Inc. & Alta Fundamental Advisers, Largest Shareholders)
Owner: USA TODAY Co., Inc. (Mike Reed, Chairman; Two Seas Capital, Apollo Global Management, Inc. & Alta Fundamental Advisers, Largest Shareholders)
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