The U.S. is the world's leading oil producer. So why are gas prices soaring?

The U.S. is the world's leading oil producer. So why are gas prices soaring?

CBS News business

Key Points:

  • Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world's largest oil producer. Why?
  • After all, as of 2023 (the latest data available), the

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