A more strategically valuable commodity than oil is our immense supply of LNG. A delivered barrel of LNG is readily available for immediate use while a barrel of crude oil will have to be processed for use by the receiver. LNG has a much larger market because of its environmentally friendly nature. The world will thirst for LNG.
Less chance of an oil spill, too. They might not be as damaging as some people think, but they play hell with tourism