Do we(the US) even get any oil from Iran?From what I can tell,the answer is no with Canada, Saudi Arabia, Mexico, and Venezuela as the leading suppliers
See my # 11.
Doesn't matter. Oil is fungible and a shortfall anywhere in the world will drive prices through the roof.
Doesn't matter when it comes to the price of oil.
It doesn't matter where we get our oil from. Iran cuts off Europe and they pay more for supplies that would come to the US. Or do you really think Chavez won't take the chance to stab at the US?
The problem is that when Iran cuts its production the people who are buying from them will go elsewhere and bid up the cost of the remaining sources.
The ONLY answer is to reduce the demand for oil. One to do that is to raise the price.