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Coach Corey Wayne

Who’s Really Controlling Gas Prices?

Coach Corey Wayne

Coach Corey Wayne

Relationships, Society & Culture

4.6532 Ratings

🗓️ 15 May 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

This is a recording of a reactions segment featuring Chunky, Jade, Jocelyne and Corey. This video dives deep into a topics including current news, politics, culture, personal finance, real estate, investing, the stock market, spirituality and history.
If you enjoy lively conversation and want your questions answered in real time, click on this link to watch upcoming live streams and be part of the conversation: https://www.youtube.com/@CoachCoreyWayne/streams 


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Transcript

Click on a timestamp to play from that location

0:00.0

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0:24.0

Average price of a gallon of gas in the U.S. is now 418 percina. This is the highest in four years.

0:30.0

Well, the war's not helping out the price of gas. But what obviously they're trying to do is they're basically playing a game of chicken with

0:39.8

the Iranians because they don't really have to bomb them they can just basically stop them from

0:45.6

shipping any oil out because the same amount of oil is coming out of their pipes and everything

0:50.1

and then what happens is they're filling up all of their storage facilities yeah and they're quickly running out of places to store the oil and then what happens is they're filling up all of their storage facilities.

0:55.0

Yeah.

0:55.3

And they're quickly running out of places to store the oil.

0:58.1

And then the only thing they can do once they run out of places to store the oil

1:01.3

is they call it shutting in the well, which they basically cap it, shut it off,

1:06.0

which can fuck the well up and will affect future production.

1:11.6

So the longer the Iranians play chicken with their oil industry,

1:17.6

the worse it's gonna get for them.

1:21.6

So there's something like 400 million a day they're losing.

1:23.6

And right now they're willing to pay the price.

1:26.6

So a big part of this is what the traders are doing're willing to pay the price so a big part

1:27.5

of this is what the traders are doing is to drive up the price oil because we're

...

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