It is clear that you don't understand basic economics. Increased supply decreases price. That is what this whole debate is about. Every expert has said the price is going up because supply is not high enough to meet demand. Increasing supply will bring the price down.
You are correct.
It’s also correct that we are far better off giving that $100/barrel to a farmer in South Dakota and keeping our money in the USA than to Hugo Chavez or Saudi or Iranian mullahs.
I thought the debate was about getting away from our dependence on imported crude. I don’t care where it is produced, if we bring on line a huge amount of crude, the members of OPEC will just sell their over production to China and India, both of whom are just waiting to buy more crude. Our bringing on more crude, will not reduce the demand, China is trying to build up a strategic oil reserve of 1,000,000 barrels, so far they have not been able to get that much surplus crude, India is trying to buy more crude any place it becomes available. It is a population thing, in that these two countries have booming population increase and these people want the better things of life, ie autos. 20 years ago China had 10,000 private autos in their country now they have over 1,000,000 personal autos and they all run on gas. So no matter how much we produce domestically there will always be a shortage until we find an alternative energy source.