bruinbirdman: Do you know what a "latent offer" legally means?
That move would also stimulate drilling for natural gas which has been ongoing in the continental US but has slowed due to the low price of gas caused by over production. With the huge natural gas surplus we could also ship LNG to Europe and especially Ukraine once the terminal is built there. That eliminates Russia's natural gas stranglehold on Europe.
The resulting crash in the price of oil would be reflected in the price of gasoline. Our gasoline exports would increase in response to a continued drop in demand here as more vehicles were able to run on natural gas. The drastic drop in energy prices would help spark a recovery, For more info check my tagline.