Well, you clearly don't understand the market...it would fundamentally change the current price of oil.
Wold an immediate additional 2 million barrels of oil per day produced in the US change the spot price of oil? Absolutely it would.
However, only the weakest of minds would not have grasped the fact that I was dealing with at least a short to medium-term time horizon and not tomorrow's spot prices.
The current high oil price consists of a variety of factors the largest driver of which is the fact that current demand is growing faster than supply. Beyond that fundamental there is a terrorism premium and speculators have no doubt had an impact, but we are still talking about $80 a barrel regardless.
Since oil demand is currently growing at about 2% to 3%. At approx. 86 million bpd of global that extra 2 million bpd will last all of 2 or 3 years to cover the slack. And, if you read the other posts about proven reserves and then did the simple mathematics, you would notice that betting on American ability to keep up production levels is probably a poor one given the proven reserves.
Your single statement dismissal is the sign of either a poor or a lazy mind.