Re: Timing
The US is energy self sufficient and has been for most of the past decade. Sure we do import some oil but we export more oil and natural gas than we import.
Energy is fungible, so unless you ban export you are still part of the world market and still respond to shortages. For many years the US had a ban in place on exporting oil (but not refined products like gasoline) but that was lifted a few years ago because we were producing more oil than we were using and the oil producers said they would have to end investment in new projects. They've (mostly) ended investment in new projects since the pandemic anyway, so I think we should return the favor by banning exports once again. At least our oil price would be a bit more independent of the world price for our trouble.
Biting the hand that feeds IT
