Great news, America! The amount of crude oil produced within our borders is at the highest levels we’ve seen since 1998.

This is mostly because of the drilling booms in North Dakota and Texas.

This is basically the scenario that fossil fuel companies argue for. Let’s drill more, they say, and then gas prices will go down. It makes intuitive sense, right? The more oil to make gas with, the more gas; the more gas, the lower the price. Good old supply and demand.

But — and I don’t want to freak you out or imply that fossil fuel companies are being disingenuous — gas prices are not at the lowest point since 1998. In fact, they may be starting to go back up.