The most amazing thing is that it is all a falsehood. There is no lack of oil, there is no loss of supply.
This is what Trump has been talking about. They refuse to drill here and continue to accept the lies of OPEC and the insane regulations of the unelected in the EPA.
The drop in the value of the Dollar is the main reason that commodity prices are still going up. There is nothing false going on as you claim. Drilling here won’t effect what we cannot control during the short term.
Demand World wide is also a controlling factor. In addition to that, as interest rates creep up, the price will keep climbing for commodity prices. This is due to foreign currency being stronger. The final factor may become the loss of the Dollar as the World Reserve Currency. This is the greatest danger for this country and may very well happen.
Drilling here will not impact prices. OPEC and such will just cut back on supply. Prices will remain the same.
The only true way to decrease the price would be to cut the taxes on the fuel.