This may be a misinterpretation of a number events.
1. Gasoline rationing. When rationing to conserve fuel was instituted on the US East Coast in May of 1943, it was vehemently protested, especially since Americans at that time considered unfettered access to unlimited quantities of gasoline, and unrestricted use of their automobiles, to be a God-given right. This unnerved the Roosevelt administration in its plans to introduce rationing on a nationwide basis. They serendipitiously found a way to 'back door' that program under the guise of a program based on the (real) need to conserve rubber. As it was, the political 'hot potato' rationing scheme still needed to wait until after the 1942 congressional elections before being enacted., and even then 100 congressmen (mostly from the wide-open spaces of the Western US) protested. As it was, a further scheme in 1943 to ban all 'non-essential' automobile travel crashed and burned in a barrage of semantics and never went into effect.
2. An article published in 1943 by FDR's Secretary of the Interior, Harold Ickes, titled 'We're Running Out of Oil!!', which in stating that 'WW III will be fought with imported oil' was actually an analysis of US domestic oil reserves and a look at the need for conservation in the future. The US was at the time of the article producing over 60% of the world's oil with no reasonable expectation of being unable to continue to do so for the duration of the war.
3. Shortage of gasoline on the Western front. Despite the failure of PLUTO, there was no shortage of gasoline in the ETO, it was just that it was in the wrong place (Normandy) in late summer of 1944. Transportation problems (the Allies had moved 260 'logistic planning days' in three weeks) led to logistical nightmares (an INFANTRY division utilized 187,000 horsepower when on the move) and controversial allocation decisions (3rd Army, for example, was down to 1/10th in normal supply the end of August) that are being second-guessed still today.
Fully one half of all war materiel shipping from the US in WW2 consisted of petroleum products, and US refineries produced more than 90% of all the 100 octane avgas used by the Allies, reaching, in 1945, levels 7 times as high as had been forecast in 1942. It would be hard to overstate the accomplishments of the US petroleum industry in WW2.
In answer to another part of your question, the entire American presence in the Saudi Arabian oil fields during the war was reduced to a miniscule number of technicians (the famous '100 men'

whose jobs were devoted, not to exploration or exploitation, but to the protection (plugging) of the existing oil wells and the possible destruction of them in the event of an Axis occupation. Although the estimates of Saudi oil reserves (and all those of the Middle East) were studied and revised upward during the war, they never really figured into the math while the war was in progress. Aramco didn't exist at the time. 'Casoc', the child of Standard of California and Texaco did, but they balked at advancing money against future production to the Saudis (who were in a cash crunch at the time) when future production was uncertain. With a eye to the future, US government money was funnelled to the Saudi royal family under the guise of aid from the British (in whose sphere of political influence the Saudi's traveled.),
Regards,