We wouldn't be producing so much if the price was significantly lower. Those tight plays like shale are expensive to produce. The reason our production is finally climbing is the relatively high prices.
Those foreign drillers can leave if they want. Good riddance.
Yeah, it would be so much better to be sending our dollars to another country instead of keeping the jobs in the US. < /sarc>
The way I see it, if we allow exports then the money will go to the US Treasury. The Obama government will have all this money to spend on his communist and homosexual agenda. Our taxes, of course will never go down. Better to deprive the regime of any money. Starve the beast. Go Gault.