This is off the mark. The Strategic Petroleum Reserve is sized to run the Navy and Air Force for a short while. There's no way we can draw enough oil from that for our trucks and cars until we can draw oil from the new wells & new pipelines.
There are oil wells off CA that were capped when they shut down off-shore production. These might be brought on line quickly.
However, regardless of where the oil comes from, we are likely to pay market rate for it, unless you are thinking of expropriating private property. If you think anybody will sell oil in the USA at $30/barrel when the international market is paying $300, you are nuts.
The same goes for carrots. If carrots are $1.50 a pound here, but $30 a pound in Mexico, the US farmers will be shipping all their carrots to Mexico.
And if you think tariffs are going to help, you are insane. The only way to dig ourselves out of such a hole is to start making or growing things the world wants and selling them at the world price. Otherwise, you'll just have the Chinese buying the stuff cheap, and shipping it out of that California port they bought, and earning the difference between $1.50 carrots and the world price.
You misunderstand. With an international devaluation of the dollar, the price of carrots in Mexico remains the same, but because international markets *say* the dollar is devalued, carrots imported into the US would technically cost $30/pound, here. Ergo, they aren’t going to sell carrots here. And our farmers can’t sell our products there, because they would be repayment for debt we owe them. We have no credit.
The same with other imports. Unless they are both critical, and not something the US can grow or make itself, the US will not be able to import it, at international prices. “Buy American” will be the only option.
These are not artificial tariffs, these are natural tariffs. But the end result is actually a positive one, forcing the US to rebuild all the industries it outsourced for decades.
As far as the SPR, I am well aware that its output is very restricted. But a combination of very limited demand, because of the depression, and the active production of “new oil” in the US, we will hopefully muddle through with just limited shortages.
It won’t do any good for domestic US oil to be exported, for the same rules as for carrots. The oil would just be taken as repayment for existing debt.