Believing the demand curve of economics will rule while pretending the supply curve doesn’t exist only works in fantasy land.
Shutting down our refineries that currently produce a surplus of products while we import more crude oil than we need isn’t going to help us either. It helps the trade balance, keeps a surplus of refinery capacity in the US, keeps more jobs in the US. Why do you want to send that work to other countries?
Do you believe plastics, food, cars or anything else would become cheaper if we banned their export? Or would we simply stop producing as much because people don’t invest their money with the plan of losing money?
What good is a healthy bottom line for your industry, if the average American and small business can’t afford your product?
I refuse to spend $100 to fill my gas tank every week. That means I drive less, people drive less. That means transported goods cost more.
That means small businesses fail or don’t start up in the first place.
Employment and wage increases are stagnant and haven’t kept pace with fuel inflation.
Your solution?
I never suggested that should happen.