We have done dumber things but that list is kinda short.
How about we sell what we need HERE cheap, then ship the rest and let the other countries figure out how to drill and refine on THEIR own dime?
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So if you owned an oil property here in the US, you'd be willing to take below market prices for the crude oil or methane?
Selling refined products is a value added sort of enterprise. Let the rest of the world cough up cheap crude.
“How about we sell what we need HERE cheap....”
The great thing about America is that you are free to do that.
You could open the TLI Oil Company.
All you would need to do is find a spot where you think there could be oil, lease the land, spend maybe 20 to 50 million drilling a well, extract said oil from the ground, transport you oil to the refinery that you buy for a billion dollars and then transport your finished product to your market and sell it Here cheap at your TLI Gas Stations which will cost around two million dollars each.
There you go, getting all common sense on us all again. .