Wow!! An extra 1 million bbls/day will cause our currency to be devalued? That will have a larger effect than an extra 2 million bbls/day sloshing around the world oil market? Interesting theory with no basis in fact.
How about if we produced all 16 million bbls a day we consume and then the Saudi Arabia's oilfields and pipelines were destroyed. What happens to the price of our oil?
It was custom designed to match the reality of your hypothesis.