If we were still energy independent, we could sell oil to Germany.
While that is true, there is the matter of transport and associated costs. Any one of the proposed pipelines across the Mediterranean sea would make American oil and gas in Europe only marginally competitive.
If Germany conquered Russia, the problem would be solved. NATO should conquer Russia for the oil
If Mexico ever gets its act together it could make a big difference in oil supply. Pemex is totally messed up, and getting worse under AMLO.
If the US ever gets the Keystone pipeline done it will allow an increased supply of Canadian petroleum to US refiners, freeing up US oil for export.
If the US gets out of its own way Alaskan oil production will multiply and find a ready export market in East Asia.
Oil SHOULD be cheap. It is just corruption and stupidity that make it expensive.