I think u got that backwards. The Saudis manipulated the oil market, the frackers cut into Saudi exports. We actually were energy independent for a while there but at these low prices frackers lose money drilling so they shut down.
“We actually were energy independent for a while there but at these low prices frackers lose money drilling so they shut down.”
That need not happen if we export oil. I expect gasoline prices are still high in Europe. Exports have only recently become legal. (They should never have been illegal, IMO). It may take a while to build the infrastructure for more exports.