You also know that to get prices down you do not have to duplicate the supply just increase it to the marginal demand level. Bakken is enough to send oil way back down. We do need to refine it also right now we import gasoline. It is completely nuts.
And Bakken is just part of it. There are massive deposits in the Everglades. Everybody says, “oh no we will destroy it.” But they are nuts it only takes a relatively few platforms in small areas to get at it and the glades are huge. There is a giant unused airport out there and some drilling already. But given the vastness few know it. Look on google earth.