Chevron Executive Urges Americans To Drive Less Amid U.S.-Israel Iran War

Chevron executive Andy Walz urged Americans to try to drive less and conserve energy.

“Chevron executive Andy Walz said Americans should "try to drive less" and "conserve energy" as gas prices remain high as a result of the war in Iran and the blockade of the Strait of Hormuz”

International Business Times

The Strait of Hormuz carries roughly 20% of the world's oil and gas supply.

International Business Times

Walz acknowledged there is probably no silver bullet to bring down prices over the long term.

The White House dismissed concerns about the economy, calling the increased prices short-term disruptions.

Walz warned of possible supply chain issues if the crisis continues.

The price of Brent crude oil spiked from about $70 in February to between $90 and $100.

Newsweek

The energy index jumped 10.9 percent in March alone and 12.5 percent over the year.

Gasoline prices rose 21.2 percent on the month and 18.9 percent over 12 months.

U.S. gas prices can rise even though the country is the world's leading oil producer.

“bySarah Davis04/15/26 10:29 AM ET Chevron executive Andy Walz said that “people should try to drive less” to offsethigher energy pricesduring the U”

The Hill

The global market sets the price, regardless of where the oil is produced.

Refinery constraints also play a role due to differences in crude types.

The U.S. average of standard gas prices stood at $4.11 per gallon.