I am unaware of any moratorium being considered, but if there were I would expect just the opposite, higher prices.
With all the recent discoveries of NG I would put my money on supply and demand, go where it’s most profitable.
I think you’re exactly right. Barring an increase in the demand for natural gas without the other liquids, the supplies in this country are gargantuan. It would be a perfect time to start converting vehicles to multifuel and for Detroit to start producing them. That would put a big dent in the demand for imported oil and screw with oil profits for Middle Eastern countries after the US demand dropped.