The USA has 4 to 5 times the Saudis reserves in oil, coal diesel, shale oil, permafrost hydrate gas, etc. This does not count offshore. The Saudis own Obama, the Dems and environmentalists. The Dems keep making energy rich federal lands into parks for their Saudi bosses.
The Saudi’s OWN the US Congress.
If we, the US of A, had a National Energy Policy we would not be in this predicament.
What we have is a National Energy Policy of refusing to admit there is a problem and blinders to our own national resources.
Obambi continues to serve Islam.
Whenever government regulation or subsidy interferes with the free market there will be "peak" something because supply/demand has been tampered with.
At this point we could be sitting on top of 100 times the Saudi supply of light, sweet crude and it wouldn't increase the world supply at all. There is no political will to pump it.
It's time to drill some politicians, then we can drill some oil.